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

To: Scottey who wrote (23900)	1/23/1999 8:27:00 PM
From: Scottey	Read Replies (2) \| Respond to of 43774

I've got one for you to hash out in your mind, Scottey. Let's say you own a bunch of PRWT shares. It doesn't matter when you bought or what level you bought at. You're just happy you have a lot. Now one day the stock price starts creeping up in the 3 cent range. What would you do? Will you sit up in your chair and think to yourself something is up? Now the stock price is climbing to the 4 cent range. Are you going to start thinking to yourself, this is it, the BIG one is going to hit? All you can do is guess on what it is, so you go check the news wires. Nothing yet. You check the thread. You see a few newbees and a bunch of guessing on what's up. Now you hear the stock is at 5 cents and going fast. You go back and get a quote: 5 1/2, 6, 6 1/2, 7. News hits. OH my god, 8, 9 - we just broke through the 10 cent barrier. Now it's got a spread of 10-12. Are you going to hold because of how much you know about the company, or make your decision to hold or sell depending on the mood and opinions of other people? Now the MM's are doing a little shake and bake and weak hands are bailing. Are you going to get worried? Nah, you've seen this a million times and you're right. More news hits the next day. We're going back up. WOOOWEEE 20 cents. Now this is serious money, not pennies anymore, and your wife is standing there saying, WELL are you going to sell or what? Are you going to say, No way, man. I have been watching this thing for months now and IT'S GOING HIGHER! WE ARE GOING TO BE MILLIONAIRES!? Now the stock is at the 40 to 50 cent range after numerous press releases and still more to come. What will you do? By now, your wife is interested and has dollar signs all over her face. Are you going to sell on the opinions and moods of others, or listen to your wife remind you of all the things we could have now, or just let it ride for the future and sell little bits at a time when your kids are ready for college and you're ready for a loong vacation? Think about this for awhile, will ya Scottey, and let me know what you think. Scottey