Replies to post #34482 on Phoenix Associates Land Syndicate (fka PBLSQ)

[ethannyc1]

once again i concur. it's great that there are so many different components that can generate some interest (and revenue, of course). I'm thinkin progas and bestjets are about due....and why not some O & G while they're at it.
It's obvious that something has changed in their approach to the pps. it seems as though they are now ready to let the shareholders have their day, as many others here have mentioned in one way or another. that bodes well for imirish and his never-ending desire for af's and ungagging (not as if we all don't want them).

I am curious as to what impact this preferred deal could have on the nss scenario. there is the straight-forward impact of increased buying to get the "guaranteed" return for in light of .06 valuation as well as div --> leading to higher pps, and the higher eps from a lower os. the more i think though, it all makes sense to get this deal squared away, lower os a bit, then go w/ div to common, hittin shorty hard. i must admit i flipped 20% of my position at .17, thinkin i'd see .14-.15. might take it on the chin and not wait. i'm SOOOO overweight pbls, but just can't get enough.

[pnew122]

Pics
Here is the straddle carrier I ran. It's a beast. Pic not that great.

http://home.comcast.net/~new.p/111.jpg

Here is a link to a plant in Thurmont Md. Many of the people I worked with for years went here. Gives some pretty good ideas of how massive the materials and operation are. I still would like to see PBLS in the mortgage side of the biz. Less headache.

http://www.structuralsystems.com/tour/tour1.htm

PS-airdale. I'm in therapy to learn how to express myself in a positive manner.