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


To: Observer who wrote (33573)4/19/1999 11:19:00 PM
From: Ben Kreischer  Respond to of 43774
 
I'll admit - I missed this one - I have been in several times, needed cash, and kept watching the price sink, hoping to buy back in. I looked at the $3/share raging bull post - I don't mean to dissuade anyone from buying, but realistically, is PABN going to be a $3 billion company, after languishing as a penny stock for this long? I only bring this up because I was burned twice - INFE and USXP - I would have saved a truckload of cash and heartburn had I just given each stock a chance to sustain a little momentum before buying into the hype.

I keep kicking myself, after watching this thing double on a daily basis. I just can't help but wonder if $3 isn't a bit much.

Best of luck, and nice work to all of you who were buying on faith when PABN was trading at a penny just a short time ago. Time to go beat the dog.