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


To: *ROSARIO* who wrote (10436)8/5/1998 5:04:00 PM
From: Jaki  Read Replies (1) | Respond to of 43774
 
PRWT should be up....The fact that it isn't is strange. Again I feel the price itself is the reason for the hold back. People just don't feel comfortable buying a 3 cent stock...even if there is no downside. The float is a contributing factor, but I think the "free" float is not all that big. The lack of hard numbers is slowing us a bit too. We can throw around estimates all we want, but until we see concrete all we have is mud.

My Prediction? Well, With CNBC advertising(And a press release anouncing it) we should get to 10 cents pretty easy. Once hard numbers roll in...then we are in for a ride! Patience is a virtue.

~Jaki~

Ignorance isn't an excuse...It's the problem!



To: *ROSARIO* who wrote (10436)8/5/1998 5:44:00 PM
From: ColleenB  Read Replies (2) | Respond to of 43774
 
You're absolutely correct and I agree with your statement...the market is driven by emotions. When the big board is down so often are the penny's because investors are afraid to invest further. Think about it, if they are scared off on the big board, where the stocks are a lot easier to gage because of available information, then why wouldn't people shy away from BB stocks where information is so limited and scarce. My observation has been that the general trend corresponds with one another.