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

To: Valkyrie who wrote (25294)	2/5/1999 8:44:00 PM
From: Silver Fox	Read Replies (1) \| Respond to of 43774

Donald, He'll soon be having company. I was considering Land in Virginia? Near Little Creek. Ever been there?

To: Valkyrie who wrote (25294)	2/5/1999 9:27:00 PM
From: Janice Shell	Read Replies (4) \| Respond to of 43774

.if you only knew what we have been dealing with here, then you would understand my reaction...i.e....ever heard of rosario...ever heard of jhild...ever heard of janice shell... OH the HORROR!! Grab that silver crucifix! Don't drop the garlic wreath! You poor dear. You deserve a medal. Really.

To: Valkyrie who wrote (25294)	2/6/1999 9:29:00 AM
From: Rande Is	Read Replies (2) \| Respond to of 43774

Thanks Donald. I remember posting "18 bagger", or thereabout and got a huge response from this thread. But consider this: The only times I have ever walked away a winner in penny stocks, has been as a swing trader. . . never as an investor. I don't think one can make a true investment in OTC pennies, then come back a few years later and be happy they made it. I have never seen it happen. Some of my larger "investments" = SEEK at 17, ATHM at 23, NTKI at 5, all doing fine..and I would happily hold them even tho they have all quadrupled and further... But swing trades have sting. SIEB 11 to 50 in 4 mos...looking to buy back at 12 soon. BAMM 2.75 to 40 in 1 month holding free shares long. On Perfumania, I "married" the stock and took away the sting of the swing trade, by holding too long. Could have been a 5 bagger last week, had I simply "TRADED" it instead of marrying it. So in the pennies, I have seen these same marriages end up in ugly divorces. Many married BAAT, AVBC, LTGL, Midland, and others. I made money on nearly every swing trade on LTGL, when I bought at .045 and sold at .09 each time news was due. AVBC had a major launch coming. So I bought at .065 and sold between .40 and .50, but had to hold it for about 4 months. Both times I believed in the company, but in time learned that these companies never really escape the pennies. Lots of sad people on those two threads, trying to justify their reasons for remaining there. Everybody has been a rookie to this game. I gave advice ONCE. I told my mom to buy some AAFG as her first stock. . .at 6 dollars. . .a broker from La Jolla Capital kept telling me of all the wonderful announcements coming out.. .the whole time they were touting the stock, my guess is La Jolla Capital was shorting these same shares. I think they shorted a TRUCKLOAD between 3 and 6. A 1000.00 investment in AAFG [now AAFGD or AAFGQ] in October of 97 after 2 reverse splits is now worth well under .50. A loss of 995.50 per each 1000.00 "invested." By contrast, short-sellers made millions on AAFG. Currently I hold 2 pennies. . .USTI and PLCO / PLCOP. Play Co Toys has 2 new e-commerce sites opening within a month or so. And the preferred stock [PLCOP] is worth 6 shares of common [PLCO] by years end. Some are playing the warrants PLCOW. This is a 25 store retailer that has 8 more store leases signed and . . .get this. . .positive earnings. +.23/shr vs. -.44/shr. When I see 9 dollars on the preferred and 3.00 on the common, I plan to sell most shares, then watch to see if there is any further momentum. If I think that the company STILL has a chance to improve, I will hold free shares long. . .like I did with USTI from .03 - .05 so many times over the past year. Anyway, what I am trying to get across is that...it often doesn't matter which stock you play. . .what matters is what sort of trader you are. If you are an investor and you are buying pennies in hopes that one of them will be a 10 dollar stock, then you are sorely mistaken. Contrary to popular belief, I don't know of ANY penny that has ever risen above 10 dollars, joined a major trading board and is still above 10 dollars today. And when I say this, I always challenge others to name me one and give me some evidence. Nobody has ever found one. There are stocks worthy of your investment. And there are trading stocks. When you make a bad trade...move on. When you make a good trade. . .move on. When you make a bad "investment" . . . quit, read some books about investing and trading, then start over again. I wish all of you the very best returns. Rande Is