Phoenix Associates Land Syndicate (fka PBLSQ)

[USC Cowboy]

JAMB...

What you are failing to remember, in the post Katrina, pre-runup to 12.8 cents, management was very cooperative and was cozying up to all, even had a sizeable contingent go to LA to visit personally and to meet with management. At that time PBLS management extolled how they despised flippers and short-term investors and touted loud and fervently that "longs" will be rewarded for being loyal! As I recall we had polled the longs and they numbered about 75 and held about 200 million shares.

Now we know that was pure BS, they played the longs and the only folks that made anything were the flippers and short-term investors. That is why now the strong base of longs are pissed, me being one of them, holding almost 10MM shares and haven't sold, but that is a changing, I'm going to make money in spite of them and will not believe one word of their current hype until they start earning respect again and building some integrity when and if they ever start telling the whole and complete truth.

JMHCowboyO

USC