Phoenix Associates Land Syndicate (fka PBLSQ)

[MrPastorious]

don't be so sure about that.. I was hoping it would hold at .015 , but i am not betting on it. Just a feeling...
Now, I know you are all going to beat the crap out of me for this, but I do not like this real estate deal for the simple reason that the profits do not come for a few years, and the investment needed to get to that point will put a damper on current earnings. If they need 10 million to spuce it up, etc, then get sales and profits later on, thats a 10 million hit to earnings, which will be recouped later on, but tthemarket generally doessnt li that. A spin-off of the construction/real estatecompanies would be advised.
Of course, very few of you would be willng to discuss this reasonably, and will continue to ramble on with ur personal attacks on me.