InvestorsHub Logo

greenmonster

09/19/06 9:13 PM

#24519 RE: midas716 #24518

Here is a post from stockjockee
I know he has been in PBLS a long time.
He doesn't sound to happy.

Here is the crucks of the problem.

All the longs I am sure told alot of people about this stock.
Friends, Family ,coworkers and such.
How "F"ing embarrassing man .............

The following is from PA's mouth to our ears.......

"jeesh" !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

"All of us at Phoenix believe we have a grossly undervalued stock. A few of our more highly qualified stockholders have analyzed our stock and collectively believe that our stock would be more fairly valued in the area of a dollar."

"As we continue to develop Phoenix by using cash, preferred stock and in some cases, common stock to facilitate this growth, your stock value should continue to rise."

"We believe that we have a plan that is both aggressive and attainable, and that will provide maximum returns to our shareholders and business partners."

"We add such qualified companies continually, as is necessary to grow as a holding company in a healthy and consistent way. This enables more positive cash flow, more effective realization of newly acquired companies’ sales and asset potential and the liberation of trapped corporate value."

"The results? Consistent growth in gross revenue, earnings per share (EPS) and shareholder value time and again."

" By maximizing the operation’s growth and profitability near-term, and growing via regional mining contracts long-term, the foundation is in place for a huge upside."

"I believe that we are on an exciting and highly rewarding journey. And, together, Phoenix and our shareholders are a winning team."

" We are working hard to fulfill our promise of creating a strong, profitable, multi-faceted company with short and long-term value."

"We think this is a "small price" to pay for relieving the heavy short selling pressure on our stock."

"Stockholder interference during this time frame is ridiculous and works against all of our interests. Phoenix will remain in a quiet period."

"We at Phoenix hope our supporters are enjoying our philosophy of growth, 'to buy, buy, buy and then to buy some more.' All indications are that this growth strategy is working well for us and we look for a bright future for Phoenix and all our shareholders."

P.S. There is alot more ..........................


And now look at us down 73% since the buyback was
announced.

PA give us some more Rhetoric....................

Please may I have another........
Please may I have another..............
Please may I have another..................

and another..........................................

Dont know about you boys but I am getting spanked !

Thanks PA !!!!!!!!!

Jockee

monster

midas716

09/19/06 9:23 PM

#24520 RE: midas716 #24518

Update PBLS

Link back for opening commentary.

6 month daily.

PPS - Down-right ugly. As i said, with the amount of volume since Jul, naked short position would have to be in the HUNDREDS OF MILLIONS for a decline like this. I just don't think that's possibble. IMO.

Volume - On the bright side the huge red spikes just started getting shorter. Red volume overall seems to be decreasing. IMO we will still see large but increasingly shorter red spikes bringing us down more. They are not done yet. If I and others place the audited financials after the first of the year expect to see PPS decline until then. Possibly very low subpenny IMO.



6 month Tech indicators.

MACD - Bars decreasing toward 0. Lines getting ready to or possibly have rolled over already.

RSI - Which had started to show signs of a reversal is now once again starting to trend down.

Stochs - Are down as low as you can go. Pretty soon they will flatline at this rate.

ADX - This is the scary part. ADX is opening up but not for a run up but for more down. DMI+ is headed down fast. DMI- is above the ADX and headed down not a good sign here at all folks. During this crash almost every time DMI- crosses under ADX and stays there we get a hard run down and when DMI- crosses above ADX more of the same. I'm not even going to post M/F and A/D because there is NONE to speak of. They are crashing hard.

IMO it is PBLS that was/is artificially causing the PPS to go down for there own benifit. Certainly this is not for OUR benefit. I apologise to those that do not agree with this but as you all know i have always posted honestly here just the way i see it and nothing more. Nothing has changed there. This is JMHO.



j.c.

09/19/06 11:34 PM

#24531 RE: midas716 #24518

Good post's tonight... maybe we are finally catching on.


what to do about it is a different story.
I read ahead... pnew, if we got a 500% increase for no apparent reason, would put us near a nickle, and it would last for about 10 seconds... and the ones smart enough and fast enough would be gone with no looking back. Pretty much sucks, eh.

santa

09/20/06 12:42 AM

#24546 RE: midas716 #24518

Yes, I agree!!!!!!!!!!!!!!!

swinging for the fence

09/20/06 9:26 AM

#24553 RE: midas716 #24518

Looking to load up again in the .004-.005 area. Its coming. IMO