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Re: momentumtrader post# 26699

Wednesday, 10/18/2006 1:46:21 AM

Wednesday, October 18, 2006 1:46:21 AM

Post# of 79921
If the falling share price really is caused by naked shorting (I'm doubtful), don't look for a "short squeeze". Naked shorts never have to cover. If the company relies on stock sales to stay afloat (IMO PBLS does), naked shorting will eventually put the company out of business. The "longs" here are certain Phoenix has revenues in excess of expenses but have no proof of that.

If Phoenix is being naked shorted, the management is certainly aware of it and should request a NOBO list as a first step in stopping the attack.....Why haven't they?

I wish you all good luck but I'm sorry you attacked me instead of paying attention to my warnings here when I started posting after seeing the Murphy Pit. Before I sold my shares, I wrote that PBLS was a scam company. My opinion hasn't changed.

If you think you're too small to be effective, you've never been in the dark with a mosquito.
be afraid, watch tv, consume, obey, shut up, be happy



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