Replies to post #30751 on Phoenix Associates Land Syndicate (fka PBLSQ)

[MrPastorious]

yeah, they all get together for drinks and go over their gameplan for pbls. In fact, seeing how each trader probably trades 50-100 different stocks, and conspires to manipulate each and every one of them, they actually call eachother before running any trade on any stock to make sure they adhere to their vast reaching conspiracy. of course , the MM's are super geniuses, so they never put anything in writing , and commit this egregious act of brilliant manipulation upon all unsuspecting investors. It is so much easier to blame the good ol MM's for a losing position than to figure out that you made a dumb investment.
Man cannot fathom the answers to the vast questions of the universe, so he invents God. Gotta blame someone....

[Renavatio]

I agree in that it was not a technical bounce, though the Bolinger Bands were really pinching in Nov, remember?

As far as predicting this trading range, the only thing I believe is that the bottom is around .006 as long as there is no Catestrophic news. I will not add again unless a new lower resistance is firmly established or it drops back to sub-penny. And although news tends to wreck the pps, I would like to know a little more about what's going on.

SC, maybe you should dig a little deeper before 2003. I find plenty of information on their previous operations. How much they were making, how PA's prior partner screwed him, how they mortgaged the pit lease once or twice in a small cash for stock placement before Chapter 11 in 1999, and how that all played out. Thankfully that early financing was all handled with one of the top Financial Services companies in the nation...Capital Growth Planning. Feel free to check them out at - http://capplan.pfyfn.com/ Part of the reason I bought is because Capital Growth Planning endorsed them as business men even before this thing took off.

Have a great day guys...I'm off to work on the new beach house I just bought. Then it's off to Morton's tonight for the standard, once a year "fancy dinner" with the extended family for Christmas.

Prediction for today...low volume and sideways movement. But I do have a buy order in just in case! ;)

Ren