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If we keep doing the same thing we have been doing, What's going to change???? How long do we sit at a LOSS?
GNULNX It's time to turn up the HEAT
I agree 100% It's like taking a pay cut. If you don't quit you send a message that the bosses plan went well. Why not try it again in 6 mo's and see waht happens. We need to put some preasure on Paul and Ron and let them know that we have been patient and now it's time to take care of the people that helped bring you to the dance.
The Big Downside of Ethanol
Wisner says so many farmers now are planting corn that it's tightening supplies of other crops. Prices of soybeans, another component of animal feed, have jumped 41 percent since September. Soybeans are in more demand as a biofuel too. The Agriculture Department estimates that 13 percent of U.S. soybean oil in 2007 will be used for biodiesel, an alternative fuel derived from vegetable oils.
Webster City, Iowa, pig farmer Gene Gourley isn't happy about the extra competition for his main feedstock. Feed makes up 60 percent of the costs at the farm where he and his brothers raise 60,000 pigs a year. He says their typical profit is $3.50 per pig, yet they're spending $18 more to feed each one. "It doesn't take rocket science to see we just went into the red substantially
Last para of PA Chairmans ltr on the website.
This is truly an exciting time for Phoenix and our current and potential partners. We believe that we have a plan that is both aggressive and attainable, and that will provide maximum returns to our shareholders and business partners. Phoenix recognizes that it will take all of our resources of people and capital working toward a common goal, along with our business partners providing their input and expertise, to attain true long-term success.
Who has gotten mamimun returns thus far? We need a shareholders meeting.
VOTE my vote is for gnulux
teomax I agree
gnulux. I think the next step is yours. You need to put a post for a vote. There are two things I would like: An ungaged transfer agent and a shareholder meeting.
I just ordered them. They have not arrived yet
gnulnx I am OK with a vote. However, Someone too close to Ron may not be the best person to represent us.
HIV would be my request, acquried from prison
gnulnx.. from the 400M shares that were posted on 1-16, I don't think that Ron can ignore that. He and Paul owe the shareholders " A Game Plan ". The only people that have made money in the past two years are the employees of PBLS. Paul and Ron will take care of us eventually. However, we can see that's its a little sooner than later if they think we are serious. You are correct that the confidentialy agreement has been extended in the past. Paul and Ron are just not feeling any preasure from us. I would suggest that you post our intentions of sending you a letter authorizing you to be our spokes person. Let's get started
gnulnx. There are 2 kinds of people in the world stewers and dooers. You are the moderator of this board. Let's get the Pebblers to send you a letter to be our spokesperson. We want a shareholder meeting.
Thomas. I agree. I think they should all post DD info and have conf. call for chats
JCLJACK I don't know about Sean. He promised me a set of clubs 6 mo's ago and never delivered. I e-mailed him twice ans spoke to him once.
Thanks airdale1. I have been an owner for over 2 yrs. I am down around 23K. We all know that 04 and 05's financials are finished. It does not take a room of bean counters 5 months plus to do 06 financials. 07 acquisitions have nothing to do with 06 yr. end financials. I have no doubt that PA and Ron have a plan. However, it's past time for a shareholder meeting. If we all had to sign confidentialty agreements so be it. It's time we all got together, elected a spokesperson and contacted PA with one voice for a shareholder meeting IMHO.
Does anyone here have any pertinant info to post or is this just a chat board? Why don't you collect each others e-mail addresses and/or phone numbers and have a conf. call???
I just bought 3 x's my original purchase. I hope this goes well.
In now for more.@.115. My broker put in a market order. Glad I was able to offer this support.
OT Slojab. I was born and raised in NY. My youngest son is one of the managers at the Waldorf. His wife is one of the managers at the Shearton on 7th
This was posted by stockbuilder on another board.
So, do you think only the small brokers scam shareholders!
Overstock.com Announces Lawsuit Against Prime Brokers
Seeks $3.48 Billion in Damages
SALT LAKE CITY, Feb. 2 /PRNewswire-FirstCall/ -- Overstock.com, Inc. (Nasdaq: OSTK) announced today that it has filed a lawsuit in the Superior Court of California, County of San Francisco against Morgan Stanley & Co. Incorporated, Goldman Sachs & Co., Bear Stearns Companies, Inc., Bank of America Securities LLC, Bank of New York, Citigroup Inc., Credit Suisse (USA) Inc., Deutsche Bank Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith, Inc., UBS Financial Services, Inc., and others. Certain shareholders of the company have joined Overstock.com in the suit.
The suit alleges that the defendants, who control over 80% of the prime brokerage market, participated in a massive, illegal stock market manipulation scheme and that the defendants had no intention of covering such orders with borrowed stock, as they are required to do, causing what are referred to as "fails to deliver." The suit also alleges that the defendants' actions caused and continue to cause dramatic distortions with regard to the nature and amount of trading in the company's stock which have caused the share price of the company's stock to dramatically drop. The suit asserts that a persistent large number of "fails to deliver" creates large downward pressure on the price of a company's stock and that the amount of "fails to deliver" has exceeded the company's entire supply of outstanding shares.
The suit accuses the defendants of violations of California securities laws and common law, and California's Unfair Business Practices Act. The company is seeking damages of $3.48 billion.
"I have a fiduciary duty to defend the company. These manipulative activities have caused tremendous damage to Overstock," said Patrick Byrne, chairman and chief executive officer of Overstock.com. "I believe that this conduct is harming our company and our shareholders deeply, and that investors have been failed by those who have a duty protect them. The best way to address and solve the problem is to get it in front of a jury of 12 Californians."
About Overstock.com
Overstock.com, Inc. is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ Global Market System and can be found online at http://www.overstock.com.
Slojab. I have lived in Denver for 31 yrs. Have never seen anything like this snow or cold. Up until this yr. there has never been a month that I could not play golf. We did just get a place in AZ. and will be there in mid March. Until then it's the indoor range. I also ordered the rescue club. I also wish that I could pay retail for these clubs. I left a message for Nat. yesterday and have not received a return phone call.
I agree with Party. I also am accumulating when ever I have some extra $$. This IMHO has the potential to be a multi dollar stock
I hope this bounces off 06 or who knows where the bottom is.
CHILAR and Pebblers. Is it time to demand a shareholder meeting? Is it time that Paul come clean with his plan for this yr and beyond. Do we not deserve this? I am tired of no financial info, PR's about promotions and acquisitions etc. WHERE'S THE BEEF? If we do not band together and force this issue what's going to change????
Running Tally on who is signed up! -
Copy and Paste your name in the list! If you already are a paying member put your name in front of mine, if new then get behind me!
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slojab I went to the website and ordered what ever they were selling for $ 749.00. 3 thru 9 + PW Product titgco1 I am assuming that these are last yrs clubs.
Just ordered a set of clubs. My cost basis is 30 cents. I guess I'll be holding for a while.
EOGI from .002 to BLRS @ $1. this am. Does anyone knoiw anything about this?
ASUS I also want to offer my thanks. I hope all is well in your world.
I bought another 1000 shares yesterday @ 2.94. Great timing on my part. I was hoping to push it thru 3.
ASUS wasn't there a law suit a couple of yrs ago that required PBLS to publish financials by 6 of 2007?
Correction closer to 15M golfgame1 and friends
golfgame1 & Friends 10M + soon to be 2 yrs and waiting.
ASUS nice post
COWBOY Great Post. I have never understood why people have so much time on their hands to just chat about nothing that will make anyone any money. If you want to chat get someones personal e-mail address. I don't have time to read garbage.
I have filed an SEC Complaint and would advise all of you to do the same. TURN UP THE HEAT. I would also join you in throwing some money at a class action suit.
http://www.sec.gov/complaint/cf942sec9570.htm This is the site to file a complaint with the SEC. Maybe it's time to turn up the heat.
PBLS. They make a lot of deals, make announcements, promise financials and don't deliver
How many of us would throw in $ 100.00 to start a class action suit? I am involved in another stock just like this one.