Replies to post #18265 on Phoenix Associates Land Syndicate (fka PBLSQ)

[gnulnx]

pnew

Thanks for that refreshing perspective. Nice to have you around to shed some positive light on a day when I am being generally negative!

Thanks.

[WhiteSahara]

Completely agree PNEW, we don't have financials but we have a very firm floor. I believe it was PA's exact intent to set a price baseline when he realized the financials would still be under wraps for a longer period of time.

Why would a firm increase shares by almost a billion (common and preferred), set a price floor and keep financials a secret? IMO, they have a very large deal(s) to make and are setting the stage.

Airdale

[monkeyfrog]

Only thing is-- The company says they will buy "up to 100 mil shares"

So they could buy 1 share and say that's all we're buying and still fulfill the PR.


Just so everything is clear- Not a great PR by any stretch- Next week unless PBLS offers some clarity to shareholders you'll see a real test of the supposed floor. IMO-

[seeclear]

'pneww122' - Nice assessment - Can't be said much better!! SC