Phoenix Associates Land Syndicate (fka PBLSQ)

[WhiteSahara]

Good post Laser, the end of the day is almost always more important than the start. We have had two strong finishes in a row with volume and price rise. We should continue to see profit takers but I expect a rise tomorrow also. We also broke through the psychological .0235 area which could send in some charting folks. If they come in big, we could go blue sky.

The 50/200 DMA golden cross happened in March and we dropped a ton at the time. Charting has its place but a solid story built on technicals will always trump past history drawings IMO. All we need is $2 million in net to merit a .03 cent value at a 10 PE. If the growth we keep hearing about is truly in place, a 10 PE is more than warranted.