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I think you are totally off base with your statement. The company is buying shares, they can only buy at the bid, and this is putting tremendous downward pressure on the share price. I believe when this buying is finished, and I think it will stop soon, the share price will recover nicely. It will recover to .03 or above if the company pr's the end of the buy back with share structure. In the mean time we could very well see .007 to .005 in the short term.
TTR
Don't count 2006 out yet, I'm not.
9.99 flat with e-trade
Sold half my position and bought more SLJB at .069 early this week, it made a nice run today, making back some of my loss.
Sounds like a sound plan to me. I have averaged down to .024, thought I was doing great at the time. Hard to look at my account balance knowing I could have had more than twice the number of shares at this price. I have been in this situation with others that turned out fine, I believe this will recover, I hope it's sooner rather than later.
TTR
Agree, things were looking nice then we had to clutter it up with this BS>> Someone is always looking for attention I guess.
I have been in LFWK/SLJB since early July, The Super Bulls as you put it are still holding tight and looking at next week for a big run up after audited financials and asset values are released. Anticipation is moving it this week. IMO
Hope to take some profits from this to add to my PBLS holdings.
TTR
Think we should "BID" Doug farewell.
OT: gnulnx,
Nice job turning this board around, I look forward to reading it now as I didn't before you took over.
Thanks for your time.
TTR - t3/RB
Nicely keyed..
Good News, I think you should cross out the company's checking account number at the bottom...
TTR
F to YOU!!
I think you covered that perfectly, I'm holding my shares for the same reason.
TTR
New 3 month chart.
It's a beautiful thing..
Happy I loaded up between .017 and .012 on the way down.
That was the only PR I could find mentioning taxes. I don't think the information is available to the public unless they are a reporting company. I agree it would be nice to see.
TTR
Things have changed in 3 short years.
April 23, 2003
Phoenix Associate Land Syndicate Inc: Phoenix Tax Filings
Covington, Louisiana - Phoenix Associates Land Syndicate (Phoenix) (Pink Sheets PBLS) headquartered in Covington, Louisiana, announced today that it has filed tax returns for the year ending 2002 in the amount of $2,155,564 in total sales with a profit of $480,671.
This release includes forward looking statements made pursuant to the safe harbor provision on the Private Securities Litigation Reform Act of 1995. Any such forward looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed with the forward looking statement. Factors that could cause or contribute to such differences include those matters disclosed in the companies Security and Exchange Commission Filings.
Yep, I think it's better he keeps his mouth shut until he has something solid. Time will tell, I got sucked in thinking he was finally going to get something accomplished. LOL
TTR
I agree, I'm not and I repeat not!!! pro Hurricane. The news of it's expected upgrade to hurricane force by Monday was released about the time the share price started moving up. I think if a hurricane hit NO, it would be bad for PBLS and everyone else living in the area.
TTR
So you don't think it has anything to do with the potential hurricane to enter the Gulf? That is what I think is driving us up, The storm was projected to become hurricane strength by Monday. I don't want another Gulf hurricane, but I believe it's what has us on the move.
This looks much better..
This may be the reason, not that I want to see it happen.
TTR
ask is .017
looking better...015 prints
.015 at ask..
.014 just printed
Then a Form 10 will get our company to the OTCBB
He is filing this as a pink and saying he expects the share price increase to get them to the OTC, not that they are going to the OTC immediately.
IMO
lake,
Thanks for your insights.
TTR
Guess you're just lucky.
I'm willing to bet we get some big news on the anniversary of Katrina. It was the event that changed the direction of the company and made it possible to greatly increase its holdings. A romantic thought I know. 5,000 shares of PBLS sounds good. lol
OK thanks, you had me picking up the phone to get that second mortgage so that I could by 100,000,000 at that price. lol
Greed hardly ever pays off. Didn't mean that to sound bad, happens to me all of the time when I think I can get more by holding out or delaying my actions.
5.05 % is a great business rate today, It shows the company has something to offer its creditors, profits and assets IMO. I think it's better they use cash to buy as many shares as possible before it moves up.
A; it won't be Doug because he is a Dumb As% punk, The MM'S will eventually run this.
Think we are probably in great shape and just don't know it. My portfolio doesn't know it yet.
Go away you pumper, your positive views of the company are not welcome here! LOL, Just kidding Gnulux, I agree with you but I need to go into hiding on RB, bye.
Guess someone is bailing out then or MM's are trading with each other to get the volume going.