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

To: snipper who wrote (27097)	2/24/1999 11:48:00 PM
From: ISOMAN	Respond to of 43774

The float is only relevant to the short term trader. I am largely a short term trader. But Quite often I stow profits into a couple of favorite otc companies. My point is that to freak out about the share count is rediculous. On the TNRG thread they were losing their minds when the sharecount hi 50 million and the price hit 2 cents. They were screaming murder at 1 cent when the float was 22 million. I was buying. It hit 52 cents this month. You can all whine and whine about the share count, but the bottom line will always come down to this: Is It profitable. I would rather hold stock in a company that is profitable with 1 billion shares, than a company that is loosing money with 100 million shares. Look at AMZN .They are losing money yet....I think it is up to $9000 a share by now. Everyone can panic and bail. doesn't matter to me. Next month, it will still run through it's standard deviation. Hey just looking out for my fellow man.