Phoenix Associates Land Syndicate (fka PBLSQ)

[teomax]

After one year of observation of PBLS I can say that this is most resisting stock to up movement. It takes always at least 10 milions buys to move it for one 0.001 up, so the whole movement from 0.02 to 0.03 will take probably some time (if there wont be some great shocking news)
On the other side, it goes down really easily, eg. this january, movement from 0.02 back to 0.01 was accomplished by low volume sells or last summer with stock buyback it went down from 0.03 to 0.02 on low volume too.
The float isnt exactly same as company tells us.
Either its bigger or there are a lot of naked shares.
I rather belive company, despite the fact I dont buy naked shares stories on almost every other pink.