Phoenix Associates Land Syndicate (fka PBLSQ)

[midas716]

i would also add to my last post that averaging down for the long term investor is also sound advice. hey if you plan on being here three years from now shares at this price are a steal. my dilemma here is i like to bottom feed and i just don't see a clear and solid bottom. at this point in this stock i'm in at .03. i got in because the chart was solid as were the fundamentals. the chart now is almost unbearable to look at and the fundamentals are, well, questionable. i would rather wait and buy at .0055 then buy now and wait for it to hit .0055. there is just to much uncertainty as to where this is going. now we all know it's going to eventually go up. just when, we don't. if i wait and the pps starts to rise from here i can still buy on the way up and still be averaging down below .03. this is just my reasoning and my strategy. i'm sure everyones might be different and thats ok as long as we make money in the end. just worried about hypothetically throwing $10000 in at .011 only to see that hit .0055 a week later and believe me this stock could do that in one ugly high volume day. it could also swing the other way just as easy. my point is there is to much uncertainty to invest more at this point for me.

all the best to all of you.

midas