Phoenix Associates Land Syndicate (fka PBLSQ)

[monkeyfrog]

Hmm not likely- IMO- I mean if that was the case why announce the buyback now instead of waiting until they were done. PBLS was under no obligation at any time to announce they were or have been buying back shares- normally companies announce after they have completed the share purchase and then retire the shares- A better way to PR this would have been to first ungag the T/A and then announce the OS-- then announce they were buying back up to 100 mil shares- as it sits today - we don't know what kind of a dent that makes in the OS or float. At least not oficially. I'm quiet sure PBLS is due to run soon- I guess the key is can they sustain the gains this time and eventually build a higher base. Good luck!