4God:
I really think the problem is that people cannot believe a pink sheet CEO has kept his word on everything. I look at other boards and everyone picks through these companies and finds dozens of "problems" and post them for the world to see. I can go to the Panamersa website and say "Hey they have financials out there for the period ending 9/31/2006. There are not 31 days in September. This must be a scam." HAHA....those are the kinds of things I see these people post on a daily basis and it just makes me laugh.
My opinion is that many people do not even believe we will see the dividend. Look at it as a "show me" attitude. When people start receiving their certificates in the mail then the feeling will be "Wow they really did give us the dividend." Of course after that the board will be clogged with posts about people who want to sell them right away and the cycle will start all over again. Then you will have the first person that successfully sells their PDR and then there will be a plethora of posts about that, etc.....
I truly believe that in this type of stock trading the glass is always looked upon as being half empty.....and for good reason. I am sure 99.9% of these stocks never make it off of these boards and I am sure that many of these posters have been burned several times. The bottom line with Panamersa, however, is this:
Looking over the events of the last 4 months people need to realize that this is a long term play, period. MT has been methodical in his process of PRs and his plan and vision for the company. This is not a company that is going to have one blockbuster deal and fizzle out IMO. Their success does not rely on approval of some cancer drug by the FDA or a patent or something else along those lines. They have people on their BOD that, again IMO, are not here for a quick fix nor are they people that want to involve themselves in a scam.
Bottom line is you either believe in PANAMERSA or you do not. If you believe then you are here for the long haul to see how everything plays out. If you do not believe....well.....then I have no idea why you are here. As for me, unless something happens along the way to sway my opinion in the other direction, I am here for the long haul.
Over the next several weeks I expect to hear the following from the company:
1. A PR regarding the mailing of the dividend.
2. A PR with the 4th Q financials on or before 2/15.
3. A PR with an update on the audited financials for the 1st Q 2007.
4. A PR with THE audited financials for the 1st Q. (They have not publically stated that they will back audit the last 2 years, so if they are able to this as well it is a bonus IMO).
I am keeping my expectations simple for Panamersa and I suggest everyone else do the same. Read the past PRs and temper your expectations along those lines. I would love to see a PR with a blockbuster deal, however, people currently expecting this are just setting themselves up for a big emotional let down and they will drive themselves crazy every day watching this stock and every trade.
ALL IMO.
Not a buy or sell recommendation.
Not a buy or sell recommendation.
