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

To: Prefabhomes who wrote (37382)	6/2/1999 4:58:00 PM
From: PCModem	Respond to of 43774

"is it a good time now to get into PABN? That depends on your investment strategy. The first wave of buying I did was during its drop last June. I bought more and more shares for less and less money at every purchase. That was my choice. I stuck by my plan, and have not been sorry. You need to figure out what your plan is and stick with it. "when is it going to stop hemoraging?" IMHO, the stock needs news and financials to stop its current drift. I suspect the response will be spectacular once news and financials are released. That's the bet I am making. The trick for someone in your position is to guess when news and financials will come out and then to guess how much of an effect they will have. I have less guessing to do because I've done my own homework, and I have the shares in my account already, and they are all free shares, so I'm in a no lose, only win situation no matter what happens. I think, when it comes to gambling in the pennies, I am a much more conservative investor than you are. Just an observation. IMHO there is never a bad time to get into PABN, its just that some times are better than others. hope this helps PCM GO PABN!!!