Replies to post #17571 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Wonway]

Here is the difference of risk of Google and PBLS.
Purchase one share of Google for $400
or purchase 13332 shares of PBLS.
If PBLS does up one penny you profit 133.32.
Now with Google if goes up one penny you make one penny and risk that it could go down .01 to $30 (worst case $399).
We know the guaranteed bottom of PBLS is .03 per share.