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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: Currency who wrote (8635)	7/26/1998 5:21:00 PM
From: xbrent	Read Replies (2) \| Respond to of 43774

I have been thinking about why the share price did not collapse. It went into the 4's when the news hit and promptly went into the 5's and topped out at 5.9 and then trailed off as some did not want to hold over the weekend. Had the company been engaged in fraud or something like it the stock would have been sub .01 The large investors in this stock know that the company has been working on the Belize deal for some months so they were not thinking fraud. We smaller folk were imagining all possibilites including fraud whereas the large shareholders were having coffee and said to their spouses,"gee Mildred ,looks like the Belize deal is caught up in politics, pass the cream." The thread said we are going to crash and burn for sure. Mildred then replied "Oh well Floyd, I am sure that the deal in Costa Rica will go thru on time." Floyd then said, " its really going to be fun when the brokerage develops, maybe another E trade." The thread said no 50 states, advertising not going to happen, the website is not what I expected,brokerage might as well pack it in etc. In summary this company has alot more going for it than Belize anyway. Well, tomorrow we will debate the pep band and the the attire of the folks in the ground breaking photo again. Sometimes, for all the bright people on the thread we just don't get the big picture. Well off to a movie for me. Maybe tomorrow we will get this thing in the proper perspective, I doubt it, but can hope.