Phoenix Associates Land Syndicate (fka PBLSQ)

[grizzy]

Cowboy, I echo that sentiment and want to add some more meat behind it.

If we believe the CEO (which I think we can at this point) about the 'no debt' policy, Phoenix does not need the investor base to survive. They will not need to pump the stock to get acquisition money, given their upcoming revenue, and they will not care about the stock price as much as other companies because a) they are not listed on OTCBB yet, so the price will definitely fluctuate, and b) they will still be raking in a ton of money regardless of the stock price. Naked shorting this stock by NITE et al will only hurt penny investors while PBLS is still a pink sheet...when they becoming fully reporting it will be much harder to naked short this stock into oblivion, especially after the 2006 numbers become public.

Regardless, even if the stock was $.0001/share the company will still rake in the same money without debt, and the stock will remain undervalued, as it already is and will be until next year. In my opinion, it is only a matter of time before PBLS goes above $1/share, and that could happen tomorrow or the end of 2006, but no later. The giant drop after .128 was probably due to combination of a) standard retracement, b) stop loss orders, and c) naked shorting. The MMs made alot of money but need to cover their positions before the stock will increase again, and that should happen today or in the next couple days.

Bottom line, this company is a great investment, period. Don't expect an immediate goldmine, though it will go up again very soon, but do expect a couple orders magnitude increase by the end of next year.