Replies to post #28595 on Phoenix Associates Land Syndicate (fka PBLSQ)

[midas716]

Now we're gettin somewhere. That would also greatly but not fully expalain the extreme high selling we have been seeing. Is this the correct answer I don't know but I would ponder to say it might be a part of it. That's a keeper.

keep thinking, keep digging, it's better than doing nothing.

[Time To Roll]

LowFloatGoat,

The restricted shareholders are exposed to the risk that PBLS defaults so they have hedged that risk by shorting PBLS and will cover with their restricted shares.

If true, wouldn't they have to do this from outside the country or do some brokers allow shorting of penny stocks? It seems hard to believe they would want to do this since most restricted shareholders have a much brighter future if PBLS is successful. (dividends and guaranteed buyback price).

[seeclear]

'LFG' - Nice creative plausible thinking!!! SC.

[MrPastorious]

there ARE NO loanable shares. This stock cannot be shorted leagally.