I've been wondering. We're wondering why the PPS is tanking. Let's see. What does PBLS own right now? Not sure. If we aren't in some of the businesses any longer, what impact is that having on our earnings and profits this quarter(even if it was wise to get rid of them?). What did the apparent cash flow problem do to the aero business in the past quarter? What additional liabilities / debt have we incurred with any new unannounced acquisitions? What revisions to forward looking statements regarding expected earnings will appear in the next PR? Rising O/S to the A/S limit, and worry about going beyond the 2.5 billion, and diminishing shareholder value as a result. Fear that liabilities will show diminishing, not improving, earnings and profit this quarter (even in unaudited financials).
What can we weigh those concerns against: "Partners" buying on the open market (I'm still not convinced of this). Komex (unverifiable). New Offshore Bank (?). Mines acquired or not. Etc. My point is that we aren't getting a clearer picture of PBLS despite the recent pronouncements, I think we know less. That has caused the sinking PPS. We don't need to look to naked shorting or any other boogie man as an explanation. PBLS needs to provide clarity as to what the company owns, their business plan, verify their contracts, demonstrate earnings and profit growth, and increasing shareholder value through a rising PPS. If PBLS comes in with a poorer financial statement this quarter than last and there is no validation of the Komex deal before then, I wouldn't expect .005 to hold IMHO. I think the insiders are already anticipating that and I'm disappointed in myself for not anticipating it to sell with them, and then play the bounce.
To quote Homer, the rest is all "squeaking and gibbering."
I put money on a gamble, the horse is still in the race, but from where I'm sitting, it looks like it's thrown off two shoes in turn 3.
D -
AI
