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

To: ROSARIO who wrote (10622)	8/6/1998 3:40:00 PM
From: Dusty Vestal	Read Replies (5) \| Respond to of 43774

PENNY STOCKS SUCK!... I've sold all my pennies and am only holding PRWT now... I'm still holding for the long run as I believe in the company, but either penny stocks suck or we are just going through a bad time.... I've got at least 15 promising stocks on my watch list, none of which have done anything in the last 4 months.......... There is just too much market maker manipulation and it seems like reverse splits are becomming a fad with pennies.... Heck, I really believe in PKGP, they promised everyone that they would NOT do a reverse split and 1 month later they did....... Anyway, I'm just saying that in less you are EXTREMELY lucky, you just can't make money in penny stocks...... I'm still going to hold on to PRWT because I think it's the only promising one out there, but I think I'm going to take the "shadow stocks" from the investment club and enter them into my charting program and start playing stocks that are between 10.00 and 20.00.......... Frustrated............ Dusty