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bagwa-john

10/18/06 12:53 AM

#26700 RE: momentumtrader #26699

I'm sure I'm not alone with the thinking that I hope you're on the money! Sometimes it feels like I'm feeding an animal that won't let me touch it. It'd be nice to see a reversal soon.

mthead

10/18/06 1:46 AM

#26702 RE: momentumtrader #26699

If the falling share price really is caused by naked shorting (I'm doubtful), don't look for a "short squeeze". Naked shorts never have to cover. If the company relies on stock sales to stay afloat (IMO PBLS does), naked shorting will eventually put the company out of business. The "longs" here are certain Phoenix has revenues in excess of expenses but have no proof of that.

If Phoenix is being naked shorted, the management is certainly aware of it and should request a NOBO list as a first step in stopping the attack.....Why haven't they?

I wish you all good luck but I'm sorry you attacked me instead of paying attention to my warnings here when I started posting after seeing the Murphy Pit. Before I sold my shares, I wrote that PBLS was a scam company. My opinion hasn't changed.