Replies to post #29394 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Whirligig]

Press releases are not worth the paper they are written on.
They can cause stocks to fly on good news but unless verified with audited financials they will eventually fall. Katrina reconstruction optimism caused PBLS to soar but the drudgery and time involved when building a solid financial base is still under construction........ we hope.
All we have to go by are press releases and belief that there is a real company doing as they claim.
In the meantime we eat popcorn, dream, complain, stamp out little feet and wait for....... "SHOWTIME".

[seeclear]

'H' - The stock is where it's at because of "Obvious Dilution" most likely coming from the combination of shares from the (hypothetically not to be used) 1.75 Bill AS and some outlaw restricted shares hitting the float from some PBLS business *hidden* between 1999 and 2003. If it were not for the 'Greed' displayed beneath the surface and knowing now more than ever their greatest current return on investment will be in the increase of their pps this one would be dead in the water. They have the means (money - more of it(ours & yours) than ever) to turn this thing around! Once they deal with a few skeletons (can 'Guido')...straighten things up....and finish buying the shares for the buyback (and to cover - personally I think they 'third party' shorted their own stock...I have no proof, just a really strong gut feel on that one)... then I believe 'pow' we are off to the races! I am still on for June - July 07. I think we shall move up some what by then as they are going to want to maximise the inevitable 'audited financials'. Also, it would be a waste of a good 'pr' these days if you consider that theory. Any future upward moves, I perceive will be manipulated in the same similar fashion that brought us down. "Waiting on the dealer" Peace Out SC

[MrPastorious]

it is because the book value is nowhere near 80 million.