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

To: LINEMOVER who wrote (10037)	7/31/1998 2:02:00 PM
From: Buster	Read Replies (2) \| Respond to of 43774

Linemover, 609mil shares outstanding acquisitions without detail for example Realty Money Center 500mil in closing, profitable. We don't know if this is on declining business. We don't know how profitable this company is. We don't know how many shares or other considerations was given to this company for the acquisition. Belize Press release: >The government of Belize has backed the program and investors have >committed to fund $10,000,000 in mortgages monthly beginning >immediately. Let's say this is a true statement. It does not say that they will close 10mil in mortgages a month. It only says they will have committed funding of 10mil per month. Everything is still a bit vague to put a value on this company. Until we find out more details on the acquisitions and the company I believe the price is not going to go anywhere. This is only my opinion so the yeahs can bash all they want:) Good luck Buster

To: LINEMOVER who wrote (10037)	7/31/1998 2:09:00 PM
From: xbrent	Respond to of 43774

On why the share price is down. The trend is your friend. A old but very useful little saying. PRWT has trended down since .059 right after the Belize debacle. The Belize mess was in deed pretty scarey at its worst. It definitly put a damper on the momentum we had before Belize. I think that we would be close to .10 + or - had the pre Belize momentum continued. The stock market is 50% emotions at times. Thats how stocks are oversold and undersold. People say if it drops one more tick I am gone, I don't care what anyone thinks or my own analysis. The price is telling me something different. Then the next guy says the same thing and thats how stocks get oversold. Same on the way up. Can't stand to watch it go up anymore look at RMGG. One day the trend up or down is so pronounced that buyers step up and say boy is this stock a deal. Then the trend runs the other way, people say I would like to join that parade and off you go. This problem happens to almost all stocks. Right now PSIX for example is in a downward trend. This is DLJ's # 1 pick. Lots of big buyers past $20. On July 24, it nearly touched $22, now it is in the $17's. I shorted it four times. I assure you that pretty soon the buyers will step back in and it will rocket. Right now it is selling off and soon will be oversold.I am long CMP right now, lots of potential and lots of upside. No one can control, predict or stop overselling and overbuying. When a stock gets to either end of the spectrum there is great opportunity, but it is stepping in front of a train when picking tops and bottoms. Perhaps the PRWT trend bottomed out today, thats my guess. I have not sold a share nor have I considered selling. Don't care for my equity paper position at the moment. Thats life, but I am confident in the stock and glad to have the position that I have in it.