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


To: Silver Fox who wrote (14204)9/24/1998 6:36:00 PM
From: R. John  Read Replies (1) | Respond to of 43774
 
After watching this stock for a while and doing a minimal amount of
research, I decided to take a position on Monday. I believe the chance for a nice run in the short term is a very good possibility and all of the talk that is making the rounds sounds very optimistic for the long term. I for one will be glad to start seeing some of this good news in writing(via press releases). I believe that we have a great chance of seeing higher prices in the near term even without any substantial news but without something with some meat, we will see a rapid decline and a lot of people will turn into flippers. With the market the way it is at this time, there are a lot of stocks with seemingly a lot going for them that are having a very difficult time keeping their heads above water. I am not trying to be negative but your statement that you believe we have established a new support level is way out there. New support levels are not made in a day or two. You have done some wonderful research and should be commended for that but twice today you have made the statement about the new support level and I think these kind of statements are detrimental to the stock. When most people find one of your statements to be false, they start questioning everything else that is written. That would be a shame in this case because it is very obvious that you have spent much time and energy researching this stock. Thanks for all of your efforts and good luck to all of the longs.
One other comment. The other side needs to send in some reserves, what's his name is our best player. Ray