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


To: *ROSARIO* who wrote (15096)10/9/1998 12:42:00 AM
From: barbara sperino  Read Replies (1) | Respond to of 43774
 
Why sure fill me in oh great stock guru. Like I haven't been here. and like I haven't kept up with the stock.



To: *ROSARIO* who wrote (15096)10/9/1998 5:42:00 PM
From: t.rex  Read Replies (1) | Respond to of 43774
 
Rosario,

Before you hurt yourself patting your own back on market timing prowess regarding PRWT, read on. I am relatively new to the penny stock game, but am a good student. To aid my learning curve, I put together a hypothetical portfolio of OTC BB stocks several months ago. My selection was pretty random, but gleaned from info from following several threads. As of about 12 Noon on 10/9 here is my performance (note: I hypothetically invested $50,000 in each company:

PWLS (bought at .5) -$21,875.00 / -43.75%
CSHK ( .19) -$17,105.27 / -34.21%
MTEI (N/A) -$50,000.00 / -100.00%
EDII (.3) -$21,666.71 / -43.33%
ARET (.0125) -$19,000.00 / -38.00%
BICO (.1875) -$29,166.70 / -58.33%
CAGI (1.34) -$14,552.07 / -29.10%
NRPI (.61) -$18,852.41 / -37.70%
TSIG (.3625) -$24,487.75 / -48.97%
USXP (.84375) -$39,925.00 / -79.85%

Had these investments been for real, I would have lost $256,626 or 51.32% of the initial value. The point is that I don't think your call reflects anything more than the overall performance of OTC BB stocks of late, especially since the demise of MTEI. In other words, not too remarkable a prediction.

As unremarkable as the prediction of PRWT's rise in the coming weeks - a no brainer from current levels and almost sinful from my most recent purchase of .016.

My only OTC BB is PRWT, and I am very long.

t.rex