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BTW PBLS not on the sho list
http://www.pinksheets.com/marketactivity/reg_sho_list.jsp
I own 100,000 shares . In short [ reason, that is]. In long I thought a one time this might be the exception to the pink sheet rule. Now I think it's gonna be a trade. I have done a lot of DD on this stock and I have an inquiring mind. Why is it so hard to believe some people don't just go along with the company line?
Everything I claim is speculation? I guess everyone is wrong on this stock as far as the investing community except the longs here. I mean look at the share price! I'm no basher. This company is like Butterball brand turkey breasts- "self bashing".
Memo to PA - From your secretary. " There's a werewolf at the door and your outta silver bullets"
How's that for bashing?
Name one business PA created and ran succsesfully [profitably] before PBLS. I think PA thought that noone would take him up on the share buy back and so now that shareholders are sending in certs he needs to come up with the cash to pay for them. How much do you think the 6% "dividend" amounts to each quarter on the previuos aquisitions? How much is payroll for all members of the "team"? Why does this supposed "cash cow " need private and now other funding? You say the business "we" bought are generating money.Really? how much for each- can you show me ?
People calling a bottom nearly every day here. Good luck!
Morning all! I thought I'd throw my .02 in on the surge in volume and the sinking share price. I think it's possible that the company is selling shares. Most likely to fund the cert buyback and to pay the 6% "dividend" that was included in so many of their aquisitions.PBLS in its current state is relying quite a lot on the pit for cash flow and like PA said when it rains there are only a few trucks at the pit. Oil production is down from KY [ I posted back in September that PBLS claims were dubious , now they admit to having to either rework some wells or look elsewhere.]. This supposed cash cow now has many employees to pay [ 100's according to PA per his radio interveiw]. I think it may get a little worse before it gets better here. I think a good trade is going to be available here at some point . But longer term I don't see anything in PA's past business resume that indicates he can put together one company and run it successfully, Now he is asked to assimilate several. Good luck here. all in my opinion ofcourse.
Subtle ? as in a subtle basher?
Hi all- not sure I see the bottom here yet. Never know tho.
http://stockcharts.com/h-sc/ui?s=pbls&p=D&yr=0&mn=6&dy=0&id=p38014569686
Chart courtesy of lowtrade
Maybe get an influx of money coming in from SLJB and other plays as they peter out. Might get a bounce then. IMO
Thanks for the IM it was great info! as far as PBLS I have been saying they are suspect[ and worse] since last fall- only looking now for a trade- if one even presents itself. As far as SLJB - I worry when someone like Chprhldr [ ne14atrade] can predict the timing and contentof a pr from a company . I made a nice trade on SLJB from .02's to .11 and that is thanks to you and lowtrade. No offense personally on SLJB- just seems like there are important pieces missing from each PR. But I can't come close to doing the amount of DD you have on SLJB and I hope you believe me when I say this. I hope you make a killing with it. [noting that you probably have made more than a killing so far]. Thanks again for the messages I apreciate you taking the time and the info!!
Kinda a heads up on a possible trade opp coming. The same principals that were pumping PBLS last fall and into the early spring are now doing the same thing on SLJB. [ and completely frontloaded on it as well]. The Alpha [idiot] is a poster formely aliased as ne14atrade and many others. He was banned but apparently if you pay for a subscription you can " sneak " back in. The interesting thing and what might lead to a nice trade is a lot of the former flock of PBLS "longs" followed them over to LFWK [SLJB] even to the extent as to sell most if not all their PBLS holdings. When SLJB finally is exposed as another P@D [imo] any profits or for that matter any money former PBLS loyals have left will likely come back in great numbers to PBLS. In the movie ghostbusters after the GB team gets set up they put on a commercial- the tag line of the commercial is a great snapshot of PBLS stockholders mentality about pink sheet companies especially their "gem" PBLS. It goes something like this '" Call ghostbusters " We're ready to believe you!"
Looks like PBLS pps is tanking and might set up for a nice play- especially if the PBLS believers come back in substantial #'s .
Likely lowtrade will already have it on a chart at the right time but might be worth keeping an eye on. FWIW IMO
Nothing earth shattering- would feel more comfortable discussing after the market is closed . One good thing is I see that the new forecast is for fewer named storms this year - down from a record number prediction made b4 the storm season started. Here in Florida and Im sure for the folks in NO that is most welcome news!
Likely the best way to play. I have a better theory that we could talk about on the weekend. Don't want to be acused of piling on.
crazy action here lately. Wonder if PBLS could do a reverse stock split to boost the share price and then make the buyback mute. or
Nice news today about a buy back- Somehow I actually believe this one's for real. Been adding each week. Good luck here!
Thanks for the chart! I agree with PBLS too. They really played a great story stock into a typical pink sheet company. Maybe get a bounce post labor day. Thank you again!
Love your posts- long time lurker- Thanks for your good work!
Nope you can't- Unless PA ungags the TA it's just an ever changing number that can't be pinned down . If PA says as of so and so date said the OS is such and such a number- and Atlas says something different for that same date then I suppose if there were a lawsuit- a taped call could be used . I have a little experience with this- I get calls from overseas quite often and sometimes the language barrier can be brutal and orders get mixed up- just safe business practice .
Can't legally do that as with any call from Mulshine or any company official. [Without express written consent] was same with the MN1 interveiw.
But I can say this- "around a billion shares" covers both above and below that amount.
Nice first post!
Also just wanted to say that I hope an insider with PBLS would be smart enough not to post on a public mesage board.
Not saying this about you- just a broad statement.
Whatever you say-- I record all my conversations - [ smart business practice] Good luck here!
If you think PBLS has 3 mil$ in the bank ready to buy the 100mil shares that are coming there way in cert form, then the hat is definately for you. If you think that .02 is a bargain for the quiet period- " "
Looking at the "chart" [ funny I thought you don't use TA on pinkies] .02 was breached- .018 is critical support.
It's funny to me how far you've come in your thinking about PBLS- from an investor who was gonna sell after the sneaky share increase- to the Hey Kool Aid man dispenser of today-
BTW- the OS is more than a billion shares- and If you call the TA enough times you'll get aslip up- especially around lunchtime- All in my opinion and hopefully your hat will be a good investment!
Good stuff Quiet- you win my stealth poster humor award- Thanks!
For those who are saying the float is almost gone- cheers!
http://zapatopi.net/afdb/
It is definately NE14atrade- I mentioned this yesterday and I am also suprised he was able to get a new account after being banned by Matt, Makes me wonder
I should add - I saved PM's from the former board runners- and they were not very open about opposing veiws on this board.
Also on a side note- noticed NE14atrade is back as chphldr on the loftworks board.. hmmmmm errr imo
You might be right about buying when others are crying.. time will tell- biggest question now - what would move this stock higher and when would one expect it?
I thik there is still downside risk here- especially after the last couple PRs. But anything can happen in pink land - Good luck!
Now that's funny! The one thing I think most investors looking at this board would agree on is that the board is run well. Don't let your frustration about the share price bubble over here . Asus does a great job - even when people disagree. Happy investing!
Thanks Party for your PM I appreciate it!!!
I'm guessing he and the other well endowed gentlemen from the other links would have a tough time getting thru customs .
"Sir anything to declare?"
"Sir. Please open your bag for inspection"
Damn ! I think I'd have to sit that one out--
Teabagged by a moon rock
He he- I noticed he wore a shirt that said FNSB
"First National Sperm Bank"
Illmannered I would guess-
I bet playing a game of dodgeball would be serious business for that group.
Aye-- might say a two handed bagholder.
Wonder how he swims with that buoy?
Think of the possibilities-- for instance on halloween- he could bring his own pumpkin to every party
[ carving prolly not a good idea]
We salute all Penny players-
http://poetry.rotten.com/testicle/
at least the male ones.
Yeah I know and as we know winter comes early out west so I'm not sure how fast they can get a test hole dug etc.
BTW I was on hold and next up for a question during the radio show. And ofcourse I got bumped but my question was also text messaged and hopefully if PA goes on again it will be asked by the host. Simply- How many shares do insiders own and is it over 50%. I have emailed IR and every email address that I could find for PBLS and even Progas and asked the same question.. so far not even a courtesy no comment form response.
Anyone out there know?
Also I recorded the radio show and if it doesn't get uploaded to the mn1 site I'd be happy to send it to you or anyone who could archive it on a PBLS info site
As far as drilling out west is concerned- I thought it was quite telling when PA said there was "allegedly" lots of oil on or near their leases. I mean talk about hedging your bets ! Not exactly the kind of thing you'd expect to hear but I guess not so suprising in context.
Small world- Born in DC hospital-lived in [Alexandria VA ] -
Definately would enjoy going to a game if you get down here this fall-- baseball or football depending on timing
I actually have a Frank Howard signed ball he gave me at a Senator's game-- guy was like 8 ft tall I think- [ I was young I suppose].
And I do enjoy watching the young talent of the Rays- hope they can get some front line pitching someday.
Thought I'd better reply over here- as a long suffering Dodger fan and now living in the Tampa bay area- I can't say this year has been kind to my baseball followings- best part of Tropicana field [ Devil[ Nannies] Rays home turf] is that it now houses the Ted William's hitters museum. Definately worth the trip just to see it and watch routine fly balls bounce of the catwalks and bonk players on the noggin.
OT Laughed hard at your SM reference on raging bull- only thing funnier is if you watch the movie on like cable edited when the oriental guy names the dog "stupid" instead of the unedited name.
Wish I had a winner stock to share-
slim pickings this summer unfortunately!
Hope you're well!