This from a poster on RB.....
" *************************Questions
When does one wish the price of a stock to move up? When one has all the shares one wants.
When does one wish the price of a stock to move down? When one wishes to purchase more shares at a lower cost.
What is PBLS management doing? Buying shares. Are they more concerned, from their perspective, with the share price moving up NOW, or over time, AFTER they have bought back a good size chunk of their own company?
I'm not saying PBLS is orchestrating or manipulating this, just that they may be purposely working PR's to give our positive information, but not the concrete specifics (excuse pun) investors need to buy securely. And all
completely legally.
Not unlike many here on this board. Some have all they plan to buy. They want it to go up yesterday. Others are wanting to accumulate more. They are happy when it stays at this level and salivate thinking of shares going back below a cent.
Investors can be wrong. I can be wrong. But the company surely knows what they have. If they want more shares, and more, and more . . . they couldn't possibly be accumulating hoping to create a tax loss.
Patience. Don't good things come to those who wait?
Agree? Disagree?*************************"
I agree 1000% with this assesment CURRENTLY. I know a CEO of a public company and he has discussed this exact process to me. It may seem unsavory, but it is legal.
Think about it. We know the insiders own huge amounts of shares and have stated that they are currently buying more on the open market. They have the ability to create a good yet rather vague PR......BECAUSE IT SUITS THEIR GOALS OF ACCUMULATION.
Anyway - They will be done before long and will issue the biggest Macdaddy PR of all time IMHO.
Stay long and strong.
Please feel free to share your thoughts on this.
GLTUA :)