Phoenix Associates Land Syndicate (fka PBLSQ)

[macdrsirules]

I have been trading stocks seriously for 4-5 years and it seems to me that the stocks on amex, nasdaq, and NYSE are much more reliable for TA. OTCBB and PINKS seem to not necessarily trend as indicators and Moving averages etc. I understand the TA pretty well as I have spent countless hours studying charts and indicators. I will show you a chart and explain to me how the indicators can show so positive yet the price drops.

http://stockcharts.com/def/servlet/SC.web?c=CTGLF,uu[m,a]daclyyay[de][pd20,2!b200][vc60][iUf!Lc20]&a...

I know the reason for the acc/dist line and CMF showing so awesome yet the price continued to drop.(If anyone wants to know let me know), I am in this stock but have learned that the indicators do not tell the whole story unless you understand how the indicators work and I know that accum/dist line both attempt to show you the same thing and that is the amount of money flowing into and out of a stock. I am not by any means saying that PBLS is in the same trend as CTGLF, it is not and I am not saying the indicators lie about PBLS but I would like to explain that in my experience it is the fundamentals of the company that make a pink/otcbb rise to to top. There are very few pinks and otcbb stocks that make it to the bigger exchanges (I have not had one yet). If my memory is correct only 8 pink sheet stocks made it to AMEX or bigger last year and no more than 15 per year over the last five. That is not fact but it is to the best of my recollection. Enough said about that other than it is my belief that PBLS will make it past OTCBB and to a bigger exchange next year. The fundamentals of the company will carry it to greater heights, not the TA.

I know you guys have heard this before but it is my belief that the MMS control the price much, much more than supply and demand on pinks and otcbb. There are many many ways MMS can manipulate the price of a stock, but generally speaking the great companies will overcome this and make it where they need to be over time. PBLS is one of those stocks as is CTGLF in my opinion.

I have much more invested in stocks on nasdaq and NYSE which are doing well and have good potential but there is not a stock on those exchanges that has the potential for the enormous return that PBLS has. Not even my beloved CTGLF. Great risk and great reward go hand in hand.

In my opinion, forget about the chart and TA and focus on the fundamentals of PBLS. That is what will take us places we are only dreaming of at this time.

Good luck to all