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


To: jhild who wrote (35681)5/10/1999 10:59:00 AM
From: Valkyrie  Read Replies (1) | Respond to of 43774
 
may i ask a pertinent question about your post please jhild...if the traders are making bad decisions, how does that reflect on a system that works if done with patience and discipline...



To: jhild who wrote (35681)5/10/1999 11:02:00 AM
From: JOEY  Respond to of 43774
 
Just wondering when a update (PR) will be out for PABN. We have been expecting news from the company for a few weeks now. I am sure you guys/gals know that I am long on PABN but when I called the company a few weeks ago, they said news is very close.

Two weeks is not "any day" now. The share price over the past few days represents investors getting impatient. If everyone wasn't saying news was imminant, we probably wouldn't have this depreciating share price.

Its important to keep a strong base so when news does come out, we do not have to start all over again with the short termers bailing after a double.

If good news was out with a price of .15 then people will sell starting at .30
If good news was out with a price of .09 then people will sell starting at .18.

Just my opinion.

Joey