Phoenix Associates Land Syndicate (fka PBLSQ)

[Cowboy]

To give you all a little perspective as to what is happening the last couple of days as well as today. We are watching someone or a group accumulating a large postion.

If you were to count the buys verses the sells you would see that the buys outnumber the sells probably 2 to 1 or 3 to one. When the stock starts to trade up they sell some shares and bring it back down, trying not to hurt the stock in the process. They know if they take it down too much it could backfire and melt down. But if the take it down in increments then buy more than they are selling they are keeping a decent average and accumulating a large position in the process.

This is a method a lot of wall streeters use knowing if they came in and just bought they would drive the market up out of their buying range. If this is a momo group then it could spell trouble in the not too distant future and we will see the MM's breaking down the stock once again as they have shown they can do.

This is just another form of stock manupulation at its best.

The good part is the bid continues to build and we end up for the day,, with higher highs and higher lows.