Replies to post #47448 on Phoenix Associates Land Syndicate (fka PBLSQ)

[Shizoku]

A lot less speculation will be around pbls starting monday because the TA will be ungagged....

[quiet]

Though PBLS has said in the past that they don't sell shares into the market and that new authorized shares are used for purchases.... this last announcement gives me the impression that that philosophy might be put aside till this purchase goes through.

Why? Well... as Mike Mulshine stated... the float is something 500-600mil... right? The announcement was for an open market purchase of something around 750mil. Add to that the coinciding AS increase and I certainly don't think you can blame anyone for thinking on those lines.

If Mike says that is BS then they think they have some scheme where they are going to take the shorts even deeper and somehow force them to cover... thats a different story. They've sure had long enough to cook something up and huge cudos if they can pull it off. ;) One thing I've never doubted is that Phoenix believes there is a huge shorting problem.

[Cutting Corners]

You have a short memory momentumtrader, I disagreed with airdale1's post...respectfully.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=21814006

http://investorshub.advfn.com/boards/read_msg.asp?message_id=21806574

http://investorshub.advfn.com/boards/read_msg.asp?message_id=21815141


Bob

[WhiteSahara]

So, according to Mike Mulshine, my post is “BS” and I’m “wildly speculating on things I nothing about”. Fair enough, I usually expect a more professional response from a press relations’ representative, but that certainly covers his point. I was really optimistic Management was trying to align themselves more closely with we common shareholders, oh well. Hopefully we learn a great deal on Monday from the TA. Going to be an interesting week. This is only an opinion.