Replies to post #47348 on Phoenix Associates Land Syndicate (fka PBLSQ)

[gunnar08034]

mom, "My guess is they are so far in the whole they do not know how to get out" (NSS that is).

What is your thought here? They took a short position at .o2 and nss failed to deliver at .013? Its a 30% make, but why fail? 100's of thousands of shares? Maybe.

IMO the NSS has much more to gain playing a .40 stock down to .02. They can do it mutliple times and never deliver.

jmho
gunnar

[Oldteck]

momentimtrader

I agree, I saw the same.

Oldteck

[teomax]

Pbls stock always moved up on less volume then we saw today.
Like the June move from 1.5-1.6 to 3-3.5 was only by 30-50 milions of shares.
why would be anyone shorting today after such juicy PR ?
company was selling yesterday and new investor was buying yesterday. I find it more beliviable then all these NSS teories.
"They have committed to over the counter purchases of approximately two thirds of the amount they require "