The Friendly Money Making Board

[grizzy]

in the big picture this is a minor fluctuation, and one that all of us should expect with a pinkie.... Remember also that we've not properly retraced from the acquisition announcement (well, except for just now if that counts). We can speculate all day as to why this is happening, but the foundation still remains:

Phoenix's services and resources are in the highest demand probably in the history of the company, and if/when the management decides to announcement revenues you can bet the stock will go way up. When they move to OTCBB you can bet the stock will go up.

Regardless, we can only speculate based on indicators. And disregarding the cycle we went through after the acquisition PR, the indicators point to an upward move.

btw, as I'm writing this we just saw a fair amount of volume on the ask and the price has gone up...I don't have Level II on PBLS cuz E-trade doesn't provide it, but I'd bet there is some decent buying pressure right now.