Phoenix Associates Land Syndicate (fka PBLSQ)

[monkeyfrog]

I'm gonna hit the sack but I will email you in the morning if that's ok.

Let me throw out this scenario-- NOT SAYING THIS HAPPENED IN PBLS CASE BUT FOR SAKE OF ARGUMENT. err ok


Lets say the 15000 barrel oil dealy was pr'ed and PBLS insiders sold some shares on that PR - the question would be- when did PBLS management know that that PR was possibly in error? And lets just say hypothetically that The 1 billion share increase leak corresponded with the company actually buying back shares while the general public thought the AS was now double what was previously thought and perhaps some sold on that revelation. Then the extra 1 billion shares was revoked. Can you see a conflict? I mean some may have sold thinking the AS was now 2 billion shares while the company was buying those shares at a depressed price- AGAIN NOT SAYING THAT HAPPENED HERE but it certainly is a topic for discussion IMO


Got to hit the sack-- See what tommorrow brings- if you are a trader I think tommorrow is an up day - with maybe a little weakness going into a 3 day weekend at the close.