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

To: ColleenB who wrote (27377)	2/26/1999 7:35:00 PM
From: faqsnlojiks	Respond to of 43774

I think I'm really starting to understand you ... you're bitter. You bought in at a much higher price, fell in love with the stock, and are now sitting at a loss. And now you're upset. But Colleen, I think you need to be upset at yourself. You didn't recognize the decline before or when it was occurring, so you held...you fell in love with the stock (broke cardinal rule #1). That's not the company's fault, it's your fault. Many of us sold at much higher prices, and bought back in at low prices. I'm sorry you didn't do that, but I don't think you need to sit on the thread and slam every little issue that comes up. I hope your future investments go well....really. -Joe

To: ColleenB who wrote (27377)	2/26/1999 9:03:00 PM
From: slotman	Respond to of 43774

It's not easy to say how long I'll wait on this. My intention to is leave it alone for a few years or bk whichever comes first. 95 % of all bb's fail within five years, so they say. If I lose it, so be it, if it's still around in a few years you can bet it would have been worth the wait. The problem, as I see it, is that most bb investors don't start out with enough capital to spread it around in enough different stocks to do any good with the money. Just a guess but I'd think that 75% open their on-line trading acct with the minimum deposit required and then dump it all into the first hot stock they read about. Of course if it doesn't move they get weary and sell and repeat the whole process, most likely losing money in their choices. It's happening in PRWT. Most of the panic comes when you have "everything" tied to one potential disaster. Personally, this recent drop has not affected me as I had no intention of selling anyway. I have cash in my account to make other trades with. Was not counting on PRWT to do anything for awhile. On the other hand I think the cusip and name change is going to have a positive impact on the share price. Perhaps soon. Most bb longs think 8 months is a lifetime. Some are selling today at a tremendous loss, most others already did. If John and his troops are jerking us around, well I won't live the rest of my life in poverty, but a dream will die, I'll go get another. Perhaps someday the dream will come to pass. I hope you are all still here to enjoy it with me (if)or when it does. Rick