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

To: rics who wrote (11705)	8/13/1998 1:55:00 PM
From: Benchman	Respond to of 43774

I agree. I think the price started moving back up on Friday, on anticipation of news on Monday. When the news didn't show, the day traders sold off, with a profit. The price has been sinking all week because of lack of news (As this stock normally does). I think some people who bought in on Friday, and possibly Monday morning, our now upset, because the news did not come out as they expected. I would imagine the price will be in the low .03's tomorrow, and this whole cycle will start again. As again news is rumored for next week. I think once the Belize thing is cleared up, and IT has a number of active accounts, I think we will be able to sustain higher levels, without having to have news all the time. Rob. PS: I think the 10K is coming out tomorrow, maybe that will perk things up.