Phoenix Associates Land Syndicate (fka PBLSQ)

[momentumtrader]

Here is the bottom line.
The company currently has approximately 815 million shares outstanding. They've announced in their September 26 press release that they would expect revenues to come in around 206 million. They said the net pretax revenues could be as high as 10%. That number is 20.6 million. A conservative number is 10 million net profit. Based on these earnings with a PE of 15 you come up with $.18 cents. I might add that it's a very low PE for a company that's going through rapid growth. If the company ends up doing much better next year, which I get a strong impression they will. You can expect their net profit to be much higher. It would be realistic that if this company gets to a billion in sales over the next few years that it would not be unrealistic to see a dollar or more.
I personally am not interested to sell until what I feel is the inevitable short squeeze. I've never seen a more undervalued stock that had so much short squeeze potential.
The pressure on the stock will be incredible when the company becomes fully reporting. At that time I estimate that a short squeeze will most likely happen. That is only a few months away. If we do get a short squeeze and the shorts are forced to cover. I personally feel we will see multiple dollars or more before they can cover properly. Remember this short squeeze could happen as soon as a few months. Even if it takes longer, so be it. I have the utmost faith in this company going forward and see this as an incredible investment opportunity.