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momentumtrader

01/24/07 12:22 AM

#32689 RE: momentumtrader #32687

Another thing about the naked shorting!
Only 280,000 shares today traded below one penny.
Approximately 22 million shares traded at a penny and above.
And people really question if shorting is going on.
I will reiterate my claims. I personally think this stock will end up in the biggest short squeeze we have or ever will see. They are very rare. But with that said I think this one is poised for a short squeeze explosion. How high is tough to guess. But I'm still predicting multiple dollars. I see it happening between five and $.10 cents.
I really do not think I'm wrong on this one. I've been in the trenches for a long time and have never seen a better opportunity for an investment in my entire life. I continue to buy almost every day.
Even if I am wrong about the shorts, which I definitely do not think I am. I still think the stock will trade in multiple dollars in the next two to five years just on fundamentals alone. Good luck to all longs. This is going to be a fun ride.
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Time To Roll

01/24/07 7:24 AM

#32700 RE: momentumtrader #32687

I expect these companies are audited before Phoenix leverages millions of dollars acquiring them. The real estate holdings are simple, mortgage and appraised value, it doesn't take much time to get that accomplished. That being said, I think we will get unaudited figures first with a firm date to expect the audited release and share structure. If the company truly expects to comply with the "Pink sheet Elite" standards, early March might be a target? No facts, just speculation, I believe they want to achieve a higher PPS and will use anticipation to achieve it in the near term.



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tt

01/24/07 8:47 AM

#32701 RE: momentumtrader #32687

That is not what they said in this PR. But they can do what ever they want.

NEW ORLEANS, LA--(MARKET WIRE)--Sep 26, 2006 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News),

Phoenix has achieved its basis or foundation for the Company at this time. Future acquisitions will likely be less frequent and will be structured within the outline of what Phoenix now controls. That is not to say there will be no acquisitions, but they should fall within our current operational group.

When Phoenix appointed Ron Blackburn as its Chief Operating Officer, it was done to allow his special skills at organization and growth to be focused more on growth of an organic nature and increased projects through strong management day to day and streamlining its organization.

Finally, with all said and all major acquisitions completed, Phoenix will increase its activities to become fully reporting. Phoenix expects that when it files that Form-10 the total issued and outstanding shares of its common stock will not exceed 815 million shares of which approximately 40% will be restricted.