posted
The way I see the PR, this buyback has turned this stock into one with an absolute bottom (at least temporarily) at .004. Which means, as an investor I have less of a risk knowing that my shares are AT LEAST worth .004 no matter what the MMs do. This is a great incentive to invest in this stock, especially since PBLS has indicated that there is more of this to come. After sorting this all out in my head, I think this is definitely very positive news. GL all.
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Take some profits and put it in WDAM. On a dip and gonna' do the same thing this one did. I just got more of it! Great play for the rest of the day and tomorrow! See the thread
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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posted
Do you have any more info on this stock. I have done some research. Looks like this might come up a bit. Do you have any thought on how quick we might reach .014 - .018? I'd like to get in on this for about 200,000 sh. But, don't wanna loose a crapload. thoughts?
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-------------------- "Sometimes I lie awake at night, and ask, 'Where have I gone wrong?' Then a voice says to me, 'This is going to take more than one night.'" - Charlie Brown (Charles Shultz)
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posted
A m e r i c a n B u l l s . c o m - August 4, 2005
PBLS
PHOENIX ASSOCIATES LAND SYNDICATE Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation that was confirmed was made on 07.11.2005 (24) days ago, when the stock price was 0.0056. Since then PBLS has gained 3.57%.
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posted
NICE today.....I got out...Had to play some others. The chart still looks great. RSI headed north....nice MACD and beautiful candles...Go for another big one!!!
I'll be looking to jump back in on the low!
-------------------- Lil,
Dont LOSE more than you can afford to invest....LOL
I'm buying low and selling into the run...
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posted
PBLS -- Phoenix Associates Land Syndicate Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Phoenix Announces Plans to Accelerate the Process of Becoming a Fully Reporting Company
COVINGTON, LA, Aug 08, 2005 (MARKET WIRE via COMTEX) -- Phoenix Associates Land Syndicate (OTC: PBLS), a holding company with assets in sand & gravel, soil products, land development, trucking, contract hauling, construction, swimming pool construction and construction related industries, today announced it plans to accelerate the move to become a fully reporting company. Mr. Alonzo, President and CEO of Phoenix Associates Land Syndicate, announced that the Board of Directors made the decision to accelerate this process in an attempt to increase the price of our stock for our shareholders of the company. Our accountants and legal team will proceed with all possible haste to make our fully reporting status become a reality in the shortest amount of time.
For more information about Phoenix, go to the Company's website at: http://www.pbls.biz
Forward-Looking Statements
This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
posted
Seems like the company is really being aggressive to become fully reporting.
BTW: There is (suprisingly) some very good information regarding this company on ragingbull. Especially interesting is a person's in-depth report of what they witnessed when they visited this company. It all looks very positive, and it will undoubtely fly when it becomes fully reporting.
(Thx to FatherofTwo for the following math: 39.7 Mill stockholder equity divided by 214 mill outstanding shares ..... equals .185 pps, yes that's a 3,458% gain or a 35-bagger!)
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posted
Well, today went south at first but tried to make a comeback eod. Any way you slice it, the company is very successful and their stock is extremely undervalued. RSI is about 45 and it looks ready for a run. All of this is primed by the excellent PRs put out over the past week.
O/S (as listed in the PR dated 08/03/05): 214,402,969 common stock + 5,045,000 preferred stock = 219,447,969.
The company released the following news:
1) Unaudited financials last week that values their stock (conservatively) at .185 per share (see FatherofTwo's post at beginning of this thread). Note: based on the current stock price, if this pps occurred it would result in a 35-bagger (3400% gain).
2) Unlimited Company Buy-back of shares @ .0040, thus providing a "floor" for the pps of the stock to prevent further MM decline manipulation. I find this solution to MM manipulation extremely effective and creative and applaud PBLS for their ingenuity.
***** Furthermore, "This stock buy-back is the first of many as planned by the Phoenix Board of Directors." ***** This is incredible!
3) Plans to complete the transition to the OTCBB "with haste." Original plan was to become fully-reporting by mid to late 2006, but this was before the PR today announcing the acceleration of this schedule. Stay tuned to find out the updated schedule for this transition. I anticipate (based on today's news) that it might hit the OTCBB by early 2006.
Another interesting tid-bit of information from a recent PR:
* Depletable property: a percentage of proven mineral reserves totaling $266,000,000. If you were to use this value instead and divide it by the O/S, you would come up with a pps of $1.21 (over 24000% from where it is now!). While this may not be a plausible figure in the near-term, it shows you what kind of potential PBLS has in the future.
Now, if you're not the "long-term holding" type, just take a look at the chart and I think you'll realize that a run is imminent based on the last few months and the fact that there is now a floor at a pps of .004 (which is really a special aspect of this stock right now).
So, do your DD and decide for yourself. I expect more great news from PBLS very soon, and this may very well be the last remaining days to enter in at this bargain price range IMO.
(Note: PRs are almost always released between 7:00 and 7:03 AM Eastern Time with this company via Marketwire.)
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posted
btw, don't know if anyone here is aware of it but someone from RB board (misty) took a trip down there last month and took some pictures of his visit. He has been in since 03 and noticed a lot of improvements with their equipment since then. If anyone wants the pics I can email them or you can contact misty on RB. I am buying more since this is so undervalued here. Short term 1.5-2 cents is a slam dunk imo.
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posted
Found out from another source that the current O/S is actually around 454 mill, not 220 mill. However, the PR that came out last week with unaudited financials was based on an ending date of December 31, 2004, so the company may very well have increased in value since then, which with the increased O/S may still result in similar PPS expectations.
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COVINGTON, LA, Aug 10, 2005 (MARKET WIRE via COMTEX) -- Phoenix Associates Land Syndicate (Phoenix) (OTC: PBLS) is very pleased to announce that in its ongoing efforts to support Phoenix stock and supply the best value for shareholders, President Paul Alonzo has decided to increase the amount offered per share for the unlimited repurchase of PBLS common stock to $0.0041. Phoenix hereby offers to purchase your shares based on the following:
1. PBLS will pay $.0041 per share for your stock. 2. Send your stock certificate via certified - return receipt requested mail to: P.O.Box 1358 Covington, Louisiana 70434-1358 3. With your certificate send a letter, in your own words, stating that you are selling the stock back to Phoenix for $0.0041 per share and that you request your payment on same within thirty (30) days. 4. Sign the back of your certificate as the seller along with your letter. 5. Phoenix will handle the ensuing paperwork and pay you for your stock within thirty (30) days of the receipt of your letter and your signed certificate.
Mr. Alonzo also would like to inform all shareholders that Phoenix does not announce any acquisition prior to conclusion of the deal but in this case PBLS will inform shareholders that Phoenix is in different stages of acquisition with:
1. Pool Contractor - Indianapolis, Indiana 2. Pool Contractor - Cincinnati, Ohio 3. Pool, Spa, Leisure Product Retail Supplier - Dayton & Cincinnati, Ohio 4. Oil Company - Southeastern, U.S. 5. Construction Company (Site preparation) - Southwest, Louisiana
Other acquisitions are being looked at but are not at the level of interest or progression as those previously listed. For more information about Phoenix, go to the Company's website at: http://www.pbls.biz
Forward-Looking Statements
This press release contains statements that are "forward looking" and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward-looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.
posted
Wow, I can't believe this hasn't ran today. Currently the L2s say .004 x .0041, which makes this a NO-RISK investment at this price because the company announced this morning that it would BUY-BACK an unlimited amount of shares at .0041.
How many stocks out there come with a guarantee for you to be able to get out at where you entered? This is the only one I can think of. It's almost like a savings account with the likelihood of a huge interest rate. Judging from the chart, this should easily run to a penny or two with moderate buying pressure. It's only a matter of time.
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posted
Have a question. I was looking at PBLS location which is right beside New Orleans. I wonder if they were wiped out? You can't call their number. Wonder why PPS and Volume were up today with no news? Any thoughts on this?
-------------------- It's only money..We'll make more tomorrow!
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