Phoenix Associates Land Syndicate (fka PBLSQ)

[McDuck]

Rally Cry, I agree with you 100%

Looks like we close @ .0185 which means I'm still up on 4 of 5 purchases and still up overall. What happens next week will likely depend on the quality and number of PR's we see from PBLS in the coming days. If we hear nothing by Monday the SP may continue to slide slightly until PBLS gets a bit proactive. But to say its going sub penny is a stretch unless we get some really bad news.

There is no panic selling here but I would be lying if I said I wasn't a little nervous. I still feel this Company has too much substance to be held down for an extended time. If the OS is reasonable we could see a bounce next week.

You have to wonder who's doing all the buying: is it the longs adding to their positions {smart} or is it people who dumped large positions @ .03+ and are now buying back in {sneaky}. If someone pulled it off with say 2 million shares they could pocket a quick $25,000 and still end up with 2 million shares or they could increase their position to 3.5 million shares with no money out of pocket.
Interesting stuff!