SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: LegalBeast who wrote (7483)7/22/1998 8:46:00 PM
From: Henster  Respond to of 43774
 
Thank You LegalBeast, that was a great post.



To: LegalBeast who wrote (7483)7/22/1998 8:50:00 PM
From: Lucky Charm  Respond to of 43774
 
Thanks Legal for the excellent post, I'm sure it has calmed a lot of stressed out shareholders at this point.

Kristi



To: LegalBeast who wrote (7483)7/22/1998 9:12:00 PM
From: Dynamicist  Read Replies (2) | Respond to of 43774
 
Tomorrow's headline: Internet Scare Tactic BACKFIRES!

Okay, I admit that I rushed to put in a SELL order as soon as I saw this "PR". However, that was quickly canceled after I saw how this thread vigorously pursued the truth behind this. I would think that whoever is nervous enough about this stock at its current level to attempt an illegal tactic such as this would be even more nervous now after seeing the investors on this thread launch into action to repel this invasion. After doing a quick scan of the several pennystock newsgroups that I follow plus a Dogpile.com search of the web, newswires, business news, and usenet (didn't search for the weather),all of which turned up NO REFERENCE to this "PR" from the Belize Government (although there were other PRs from there), I feel this hacked information on Belize.gov will cause little, if any, erosion in the price of this stock (just MHO). On the contrary, with the support shown this stock during this crisis it may even prompt some of our beloved shorters to cover. Anyway, hopefully the truth will come out in the form of an affirmation from the Belize government that this is indeed a reality and instead of having the effect of creating doubt (as it was obviously intended to do) will instead clarify the prospects for this company and this stock.

On another point, I agree that the TRIAL MEMBER posting program has some problems. But I, for one, am quite glad that I have the opportunity to share my thoughts and DD here. I have seen many, many useful and thoughtful posts from trial members (I hope you all find mine to be one) just as I have found many that are better ignored. The same is true of those members who paid their money for the right to post here. While the membership fee certainly has the effect of locking out some of those people who would post here just to upset others and toy with emotions of other posters, certainly those who are paid shills/bashers or who have a monetary agenda here would pay a much higher fee if they felt it a positive investment. As for me, I covet a free membership to SI so that I can continue posting for a time because I think this is where the best and most informative discussions can be found. Barring that stroke of luck, I will continue to lurk here while I try to get enough ahead in my investments to afford a paid membership here.

Thanks LegalBeast for the excellent analysis of this "PR", and to everyone else here who has spent the last few hours searching, researching, and sharing here.

Dynamicist



To: LegalBeast who wrote (7483)7/22/1998 9:25:00 PM
From: Scottey  Respond to of 43774
 
Mr. Beast! That WAS GOOD!! Thank you!!Scottey



To: LegalBeast who wrote (7483)7/22/1998 9:31:00 PM
From: David Sirk  Read Replies (1) | Respond to of 43774
 
He does not have to halt trading. All he needs to do is put out a press release Prior to the open. Very simple. If he does not do this, then something might be wrong!



To: LegalBeast who wrote (7483)7/22/1998 11:41:00 PM
From: barbara sperino  Read Replies (1) | Respond to of 43774
 
Thank You for this post. Sure does explain a lot of things.
I also wish John could halt trading till everyone could respond to this mess. Sure looks like a hack job to me but the damage is already done. I hate the fact that the MM will win over the investor again. I would love to see them not beable to cover their shorts. Hell who knows what kind of business prwt could get for a few shares. Maybe another goody like IT.