Phoenix Associates Land Syndicate (fka PBLSQ)

[arconway]

though this was posted on SLJB I thought it relevant here. Go PBLS!

http://www.investorshub.com/boards/read_msg.asp?message_id=14679901

"Good post Kblog, let me just add somewhat of a contrarian opinion. If a company has the right strategy, naked shorts can be dealt with imo. Unfortunately, very few CEO's of small companies understand the dynamics of the microcap marketplace.

Consider these straightforward strategies.

1. Hire a TA that is totally transparent. One that answers phone calls and gives investors the precise share structure at any time.

2. Keep the float relatively low. Billions of shares outstanding just doesn't cut it and opens companies up to attacks. If there is a transparent TA, and a company has a relatively small float during the initial few years of going public, they can largely remove the influence of naked shorters attacking the stock.

3. File audited financials. Understand SEC filings are very expensive, but a third party accountant willing to put their name to the document is not.

4. Hire an IR that communicates with shareholders the *real* status of corporate projects and forecasts. Follow the Microsoft example of giving guidance quarter after quarter that is conservative, especially in the first few years. Then surprise to the upside during the strong quarters.

5. Have a great website. It's not that hard and not that expensive to build a really professional website.

6. Hold quarterly online or phone call shareholder meetings where the CEO and COO answer questions directly from shareholders.

7. Pull NOBO lists periodically and link the raw data to their website.

That's a start. A small company that does that, makes it very hard for shorts to unethically attack the business. Seems relatively simple to me, but in the real world the practice is very rare in this area of the marketplace. I attribute some of it to CEO's who simply do not have enough experience and knowledge of how the markets work, along with always needed cash to fund their operation by diluting the share structure."