It looks like Phoenix Associates is clearly breaking out. I personally feel based on my observations over the last two years that over a billion shares are naked shorted. I feel that if we can get enough buying Monday and Tuesday and break four cent resistance we could easily be in a short squeeze situation. I personally feel the stock could go to multiple dollars in this type of scenario. The stock fundamentally is worth just on 2006 earnings somewhere in the neighborhood of $.18. For 2007 earnings I see more like $.40. Most of the shareholders in the stock are loyal longs who have no intention of selling till at least the fundamental prices are met. Check it out, you won't be disappointed. PBLS
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