Phoenix Associates Land Syndicate (fka PBLSQ)

[PowerPole]

grizzy...I got this post off the Other PBLS Board...

http://www.investorshub.com/boards/read_msg.asp?message_id=8431865

From Waverider, and may have something to do with why your quote:

"I just hope their new oil and gas wells are up and producing before the winter rush is over.....

May not happen as soon as you hope, if the Environmentalists file Lawsuits to stop PBLS from drilling on the lease mentioned in today's PR...

http://www.wyomingoutdoorcouncil.org/news/newsletter/docs/2001c/oilgas.php

Scroll down to the section on "Brent Creek" where 2080 acres are mentioned...

My feelings on today's decline is: There were probably a LOT of Daytrader's and Momo players that bought on yesterday's and today's PR's...When the Momo did not arrive, they decided to bail out, most likely for a small loss...It didn't do what they expected it to do, so they moved on to Greener Pastures. So, IMO that's a Good Thing...

I have a feeling there may be another drop below .026, possibly even to below .025 to shake the tree of the rest of the weak limbs...Then, only the TRUE LONGS will be left...That also IMO, will be a Good Thing...Time will Tell...