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Re: None

Tuesday, 05/22/2007 12:48:08 PM

Tuesday, May 22, 2007 12:48:08 PM

Post# of 79921
Just a general comment here on some of the negativity. It is a good sign. I will tell you that unbridled enthusiasm on these boards is the best bearish indicator there is, bar none. It is better than a chart. Think about it: Although most people only lurk, those that post are still a fair representation. Stocks move because of fresh buyers bidding up the price, or fresh sellers pushing it down. When the board is 100% bullish, most investors are all in; and with no new money to push the price, guess what.


One more thing to chew on. Pink sheet stocks suffer from a lack of credibility even under the best of circumstances. Current management has done precious little to counter that. In fact, they have been their (and our) worst enemy when it comes to credibility. The way I see it, PBLS is like a tiny boat dragging a huge anchor behind. It looks like our management is finally, finally pulling the chain. It will take a while.

"I didn't say it was your fault...I said I was going to blame you!"

Regards, Kent.

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