Replies to post #40713 on Phoenix Associates Land Syndicate (fka PBLSQ)

[pnew122]

ted

Oil reserves were "0" for both years. Why include this?

IMO because they quoted a potential 1 billion related to oil type biz. I'm glad they @ least mentioned it even if it wasn't what I wanted to hear. lol

[dlaserman]

Tedwitt,

A long should take heart in what you point out. I've been leafing through the various boards and posts concerning the value of PBLS and where the PPS should be based on today's info. First, that's all premature until we see the shares, but I guess people spend their time as they see fit.

Second, I'm somewhat bemused by the observation that PBLS seems almost to be penalized in terms of PPS because the company is real - what an irony. Look at the stocks below, a few taken off the ihub main page, some I've dabbled in over the last year and tell me if anyone can really point to what is determining the PPS for these stocks (Info taken from either pinksheets or the Ihub boards for the stock). There are many ways to crunch numbers and come up with the "value" of a stock, but in the end, it's what price the market sets, and often that price has nothing or a lot less to do with real earnings. Some of these stocks with losses on their books are trading proportionately higher. What's the cause there - Expectations, a good story, hype, an attractive concept, some glitzy technical gizmo, a faddish business idea, manipulation, shorts covering, hope for a big contract or deal to erase the debt, star power or celebrity connections?

In the end, of the pinks I've looked at, I still don't see one in the right place in the right businesses and heading toward serious profitability like PBLS is. If I did, I'd dump and run, as even with the dip I'm still profiting at the moment on this stock. Once the share structure is out, the real number crunching starts. I'm still in the likely to add crowd unless tomorrow proves us all wrong. Staying as long as this post.



LTHU
Outstanding Shares: 387,397,176 as of 2006-05-05 (higher now due to some recent dilution)
EPS: -.03 per share
Price: .115

HTRE
165 million shares
EPS – N/A, more than likely in debt heavily
Price: .08

FCCN
Float: 305 million
EPS: -2.16
Price: .015

XKEM
Outstanding Shares: 1,552,467,965 as of 2007-04-01
EPS: -.02
Price: .0192

AURC
Outstanding Shares: 109,671,530 as of 2006-01-20
EPS: -970.00
Price: .105

AMEP
Outstanding Shares: 494,170,082 as of 2006-11-07
EPS: .04
Price: .045

[gitonwithit]

That's a great post Ted. Putting profits back into the business is best for investors, not necessarily for traders. I think the traders expected some blowout eps numbers and the MM just followed their lead. Even if there were 1.5 billion shares out that puts the market cap at 36 million for a company that earned 7 million or so. That also would put eps around .0046 with a PE of 5.2 which is very low for any company, let alone a growth company that doesn not have all their eggs in one basket.

Maybe we've got a super large short position, I'm remembering when we seemingly had a cap at .0345 for the last week or so. That would make it really fun on top of the great fundamentals.

Not trying to alter anyone's expectations of OS count, but I would certainly figure we would be trading a heck of a lot more than 30 million if the float were that large, with a milestone day like today, I'd figure that we'd at least trade 5 percent of the float. My opinion is the float is a lot smaller, but everyone has one of those.