Replies to post #27285 on Phoenix Associates Land Syndicate (fka PBLSQ)

[monkeyfrog]

Hmmm-


http://stockcharts.com/h-sc/ui?s=pbls&p=D&yr=0&mn=6&dy=0&id=p38014569686

[LowFloatGoat]

monkey, can you name a seller who, upon hearing bad news, would sell around a billion shares? If you go back to the buyback announcement/(start of the price decline)/ there have been about a billon shares traded. I doubt there are many sellers that own several hundred millon shares. I think it has to be the company buying or selling. The volume is just too high for it to be anybody else. It could also be NS's but so far no proof of that.