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


To: AF who wrote (10425)8/5/1998 4:05:00 PM
From: xbrent  Read Replies (4) | Respond to of 43774
 
True, the facts are the share value. In case no one has noticed the whole market has declined in a substantial fashion. On this particular decline liquidity and buying of all stocks including BB's has declined also. Very very few stocks have regained momentum. DLJ's pick of the year is down from almost $21 a few weeks ago to $15 today. I watched the big guys buy tens of thousands of shares at over $20 just two weeks ago, off over 25%. Momentum will return to stocks with promise. Until the sell off scare is over it is a new ball game for almost all stocks. For those who predicted a decline great prediction.A stopped clock is right twice a day.Two weeks ago alot of people were predicting DOW 10,000.
I predict that momentum will return for good picks. PRWT will benefit substantially with a return to normalcy.