Replies to post #30861 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Renavatio]

'Tis true, 'tis true, Castle and good correction. But based upon our current O/S (hopefully still around 815 million) IMO these restricted releases that can't enter the float for 5 years are great leverages of company buying power. As long as O/S doesn't grow faster in ratio to profitability.

It's always been the Preferred that scare me long term, as IMO, over the course of 2006, they have moved away from using restricted and towards using preferred (probably b/c their common share pps has tanked somewhat).

SO much to take on faith now! Thankfully I have learned not to buy more than I can afford, but just enough to keep it all fun and hopeful of better pps' in the future! Plus PBLS is one of a few I hope for good results from.

Man would I love to pay a house off for my wife's sake and build in orphanage in India with the leftover's of a .50+ pps!

We will see what happens.

[seeclear]

'castle' Extra Extra thanks! Ren there is the gist of my point. If given time and ACCESS to currently withheld info regarding the TRUE # of applied restricted shares (especially between 1999 - 2003) we may have been able to secure our collective analysis so as to forecast our risk reward scenario with more thought and less reckless abandon. The gagged TA just capitalises that point! SC