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


To: LegalBeast who wrote (21260)12/28/1998 2:16:00 PM
From: *ROSARIO*  Read Replies (1) | Respond to of 43774
 
Many times with-out financials you go on experience and logic. AGTI was an excellent experience when many of us found out that even though a company CEO CAN publically state that there will be no reverse split and then doesn't anyways was a good lesson. AGTI reversed split at 120 million shares 1 for 4. It is now back to over 200 million shares after just a few short months as reported in there most recent 10Q. PRWT has 3/4 of a billion authorized shares, maybe more but hard to tell with-out the 10Q. PRWT tanks after positive news releases more than 90%. There are serious underlying problems.Basic Logic tells you to watch this play until the financials are released. Not meeting project dead lines and ignoring the importance of competitive prices have also hurt Pan Am. Being mislead and lied to by some of the Pan Am officers/employees have hurt there credibility big time. The fact that investors are not buying or adding to there positions at these levels is also very suspect and another bad sign. THOUGHTS