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pennnies
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The bleeding has stopped!!!

[Big Grin]

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pennnies
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PBLS -- Phoenix Associates Land Syndicate


http://www.pbls.biz/

COMPANY INTRODUCTION

Phoenix Associate Land Syndicate, Inc. is a holding company with assets and/or interests in sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction related industries. Its stock is traded publicly on the Pink Sheets Bulletin Board under the symbol: PBLS.

Current Operating Business Units are:

Mining Division
Murphy Sand & Gravel
D.B.I.


Construction Division
Heaslip Construction
Ann Arbor Pools
Great Lakes Pool Plastering
California Plumbing

Trucking Division
Bayou State Trucking

Acquisitions/Business Development
Rome Oil and Mid-South Resources, Inc.
JTW Construction
Burke Pool Construction
Brazilian Land Sale
Log Home Manufacturing


Oil and Gas Division


Brokerage Division


The Phoenix corporate core philosophy is to acquire companies that:
Have unrealized profit potential and are willing and eager to work within the Phoenix "family" to improve their company's performance.

Are motivated and need business guidance and/or financial assistance in order to succeed.

Have owners that wish to divest of a company for retirement and/or other personal reasons.

To properly develop and consistently grow as a holding company, other companies such as those described will be added through continued acquisition. This effort will result in an increase in positive cash flow by tapping the sales potential inherent in the newly acquired companies and their assets. As PBLS moves its growth strategy forward, its gross revenue, earnings per share (EPS) and shareholder value will be driven markedly higher, increasing shareholder value.

Address:
P.O. Box 1358
Covington, LA 70458-1358
USA


Website: http://www.pbls.biz
Phone: 985-863-0801


State of Incorporation: NV


Officers:
Paul Alonzo, CEO


Transfer Agent:
Atlas Stock Transfer Corp., Salt Lake City, UT 84107

Some DD by some great Posters on the board.
WOW! Bond has been busy. BRAVO!


Done update

2005 Net revenues + Assets- $138,840,092.50 / 346,560,260 = .40PPS

2006 Net revenues + Assets- $245,446,360.00 / 346,560,260 = .71PPS

Few key points:

Even with the cash they lay out for recent purchases, it still equates to assets. You can see by the end of this year, book value will be .40PPS.

I will add the link for the DD page, overview page, and the spreadsheet I made to calculate and keep track of the numbers. It's not the fanciest out there, but it gets the job done. You are welcome to open it up & or save it, and play with the numbers. Tab 3 is the show stopper. I must admit I had no proof or reason to even remotely consider a $1.00+ PPS as many have stated. After today, I now have that proof. If anyone sees errors, I have also added my e-mail to all pages. Enjoy fellow Peeblers.

PS-I can almost taste the Lobster & Steak.....

http://users.adelphia.net/~newp/pbls/

http://users.adelphia.net/~newp/pbls/overview.html

http://users.adelphia.net/~newp/pbls/pblsvaluation.xls
--------------------------------------------

bond006
Member


Member Rated:
posted November 16, 2005 08:42
--------------------------------------------------------------------------------
These are some of my reasons that I feel that this stock has a huge upside way to go beyound the asset value, which of course is always the solid reason to invest. But there is also another side,which is the method of business and how it unfolds and the factors.

* up to 100 million share buyback just announced
* pre existing government contracts that will be expanded upon as work continues after the Katrina hurricane
* a fast expanding Oil division purchased with cash and restricted preferred shares (holding the float steady)
* a construction division within minutes of thousands of destroyed homes
* due diligence by acquired companies willing to take restricted/preferred shares as payment for their companies (tells you a lot about the prospects of PBLS)
* fast tract plan to be listed on OTC or a larger board
* strong cash flow from each division but especially now the cash cow oil division
* a management experienced in acquisitions willing to negotiate without heavy dilutive effects ... usually cash and preferred/restricted shares


-----------------------------------------------------------
~ Latest News Releases ~
Acquire Pro-Gas ($190M in Revenues)- http://www.pbls.biz/pr45.htm
Increased Wyoming Oil Reserves - http://www.pbls.biz/pr44.htm
Share repurchase (up to 100 million shares) - http://biz.yahoo.com/bw/051109/20051109005582.html?.v=1
New Wyoming Oil Lease - http://www.pbls.biz/pr43.htm
New Kentucky Oil Leases - http://www.pbls.biz/pr42.htm
Expanding Headquarters - http://www.pbls.biz/pr41.htm
Closing the Oil deal - http://www.pbls.biz/pr40.htm
Construction Acquisition - http://www.pbls.biz/pr39.htm
Update on Business Operations - http://www.pbls.biz/pr38.htm

-----------------------------------------------------------

456 million outstanding shares, per October 2005 call with Mgmt.
Float approx. 159 million

Current Market-cap based of $0.03 PPS = $13.7 million
----------------------------------------------------------

Current Book-value estimated by mgmt (Oct.6) = $45 million
Year-end 2005 projected book-value by mgmt (Oct.6) = $60-70 million
-----------------------------------------------------------

Projected earnings for 2006 of $10 million, per call with company (pre Katrina, pre oil deal)
$10M/ 466M o/s = 2.15 cents per share of earnings
Apply a typical 15X multiple for $0.32 share price
[A growth multiple would be 25X or $0.54 share price]
---------------------------------------------------------

For 2006 earnings add in all the Katrina work, plus recent/new acquisitions
Estimate that to be $25 million for 2006 and assume 100M more restricted shares
$25M/566 o/s = 4.4 cents per share of forward looking 2006 earnings
Apply a typical 15X multiple for $0.66 share price
[A growth multiple would be 25X or $1.10 share price]

(this is just me making a somewhat educated guess)
------------------------------------------------------------

Murphy Sand & Gravel division (820 acres)-- Reserves estimated at $260 million (more recent company materials also show $300 million, like the Sept. 6, 2005 PR).

February 1997 gave us an estimate of “$260 million based on the lowest prices charged by each of the other mining operations in the area for like products” (source: June 14, 2005 news release)

That evaluation is from almost 9 years ago… based on “lowest prices charged”.

Estimate that the sand and gravel property re-evaluation comes in over $600 million (“at least double” Investor Relations, Mike Mulshine 14/9/2005). With 466 million shares out, that’s over $1.28 per share in sand/gravel reserves.
------------------------------------------------------------


--------------------------------------------------------------------------------
Look at this for a plan


PBLS's, Progas Will move Rome's Oil & Gas through USA Pipelines
Nov 15, 2005 (BUSINESS WIRE)Binding Letter of Intent to Acquire
ProGas, Inc. Completed Acquisition is Expected to Add $190 Million
in Revenues. The deal, which is expected to close on or before
November 30, 2005.
http://www.pbls.biz/news.htm
ProGas purchases and markets natural gas throughout the
eastern United States on both interstate and intrastate pipelines.
ProGas offers Long term or monthly supply crude oil is available
on nearly all the interstate pipelines servicing the Eastern
United States.
http://www.progasinc.com/
Oct 27, 2005 (MARKET WIRE via COMTEX)
Currently Rome Oil & Gas Co. has 18 wells that are producing between
5 BBL/Day to 50 BBL/day each, average 26 BBL/day per well,
18 x26 = 468 BBL/day. expected to increase as new wells come on line.
Now Progas Can Move the Oil Through interstate and intrastate pipelines.
http://www.pbls.biz/pr42.htm
November 3, 2005 (MARKET WIRE via COMTEX)
New Oil Lease in Wyoming for its Mid-South/Rome Oil & Gas Division
The Company has plans to drill a minimum of nine production wells
a possible maximum of 22 wells.
http://www.pbls.biz/pr43.htm
Production easily double with 40 wells averaging 26 barrels a day.
over a 1000 BBL/day, Rome Oil is currently selling its oil at a
PPB of $52-$57. $52,000 a day on just the Oil Business alone.
$18,980,000 in Oil revenue, Progas $190,000,000 in Revenue.
Murphy Sand & Gravel $4 to $8 million per year.
http://www.pbls.biz/msg.htm also http://www.pbls.biz/pr38.htm
Heaslip Const. revenues will exceed $2,000,000.00 for 2005.
Ann Arbor Pools and Great Lakes Pool Plastering, should
bring in approximately $2,288,000.00 in revenues For 2005.
http://www.pbls.biz/pr38.htm Sep 26, 2005 Press release
Bayou State Trucking Revenues for 2005 around $650,000
http://www.pbls.biz/bst.htm , http://www.pbls.biz/pr38.htm


--------------------------------------------------------------------------------
Draw your own conclusion where future oil and natural gas prices will be:

-Many top oil-producing nations have peaked in oil discoveries and production.
-U.S. discoveries peaked around 1930 and production peaked around 1970.
-U.S. production has decreased by 40% since.
-U.S. production continues to decline despite technological innovation and capital investment.
-Every year since 1981, the oil industry has pumped more oil than it has discovered.
-World discoveries continue to decline despite technological innovation and capital investment.
-The world’s 14 largest fields have an average age of more than 50 years.
-20% of global production comes from the 14 largest fields.
-70% of global production comes from fields more than 30 years old.
-The world’s largest oil field, Saudi Arabia’s ghawar, was discovered in 1948.
-Saudi discoveries peaked in 1948.
-World discoveries peaked in the 1960s.
-The energy cost of oil is the amount of energy required to produce the oil.
-Energy cost includes energy used in exploration, drilling, pumping, transporting and refining.
-The energetically recoverable oil is independent of market price – it is a physical constraint.
-When energy cost exceeds energy yield, production is no longer worthwhile at any price.
-Ultimately recoverable oil is constrained by net energy yield, not market price.
-30-40% of oil is recovered from a typical field at current market prices.
-An unknown percentage of world reserves can be recovered before energy yield turns negative.
-The 1960s discovery peak established the downward trend of the global discovery curve.
-Remaining reserves are estimated by extrapolating the discovery curve.
-Oil production mirrors discovery plus a time lag.
-‘Peak oil’ refers to production ceiling.
-Peaking is different than running out.
-Oil production is limited by the rate of flow, not how much is in the ground.
-The production rate of flow peaks when approximately half of reserves are depleted.
-Estimates of global oil production peak depend on unreliable reserve data.
-Future demand also affects the production peak.
-Absent perfect data, the question is not if but when global oil production will peak.
-Global oil production is projected by some to peak this decade.
-Peak production will only be observable some length of time after it occurs.
-Current global demand is about 82 million barrels per day.
-The International Energy Agency predicts demand of 120 million barrels per day by 2030.
-The IEA prediction assumes a demand growth rate of 1.5% compounded.
-The IEA prediction neglects the depletion rate of existing reserves.
-The Association for the Study of Peak Oil estimates that depletion of existing reserves is 2.4%.
-4% more oil must be produced each year to offset depletion plus demand growth.
-3 million more barrels must be pumped daily by the end of 2005 to offset depletion plus growth.
-22% or 22 million more barrels would be needed daily by 2010.
-167% or 227 million more barrels would be needed daily by 2030 – clearly impossible.
--The above numbers reflect a compounded 4% rate of increase.
-Canada and Venezuela possess vast oilsand reserves.
-Oilsand extraction is an energy intensive mining operation.
-The amount of energetically recoverable oilsands is unknown.
-The mining of oilsands cannot extract oil at the same rate as conventional pumping.
-Oilsand production is presently 1 Mb per day and is projected to reach 2 Mb per day by 2010.
-Increased oilsand mining cannot offset the depletion rates of conventional oil.
-North American natural gas is near peak production and cannot offset declining oil production.
-Natural gas imports are constrained by transport bottlenecks and cannot offset declining oil.
-Hydrogen is an energy carrier that is largely produced from natural gas.
-The U.S. has 100-200 years of coal reserves at current consumption rates.
-Coal presently accounts for 23% of U.S. energy production for electricity.
-Future coal will be required to replace electricity production from declining natural gas.
-Coal can be converted to gas inefficiently – South Africa does this now.
-Coal mining yield and conversion inefficiency cannot offset the depletion rates of oil.
-Oil from shale is a mining operation that cannot offset depletion of conventional oil.
-Solar and wind energy is dilute, intermittent, land-intensive, and can’t be stored on a large scale.
-Biofuel production is constrained by competition with food crops for land.
-It takes 10 years to build a nuclear plant.
-10 years past peak, oil production will have decreased 36% at a 2.4% compounded decline rate.
-Population growth and energy availability are highly correlated.
-It took millions of years for human population to reach 1 billion by 1850.
-It took 150 years for population to reach 6 billion by 2000.
-At the current growth rate of 1.6%, population now increases by 1 billion every 10 years.
-Modern agriculture is heavily subsidized by oil-based pesticides and gas-based fertilizers.
-Modern agriculture is heavily mechanized and dependent on oil for pumping water.
-Organic crop yields are several times smaller than petroleum-subsidized crop yields.
-Post-Soviet cessation of oil supplies to North Korea resulted in severe and continuing famine.
-By the time the problem is recognized, the next generation has been born.


--------------------------------------------------------------------------------

By: sprtcrdlui1
24 Nov 2005, 09:10 PM EST
Msg. 25895 of 25904
Jump to msg. #
PBLS * .025, .17 EPS For 2005, .22 EPS for 2006
2005 Revenues
Rome Oil & Gas Co., $1,368,000.00 in revenues for 2005
Murphy Sand & Gravel excess of $2,310,000.00 in revenues for 2005
Heaslip Construction excess of $2,000,000.00 in revenues for 2005
Ann Arbor Pools $2,288,000.00 in revenues for 2005
Bayou State Trucking around $650,000.00 in revenues for 2005
Progas Inc. . $190,000,000.00 in revenues for 2005
-------------------------------------------------------------------
$198,618,000.00 in revenues for 2005
ProGas, Inc. Completed Acquisition will Add $190 Million in Revenues
for FY 2005
http://www.investorshub.com/boards/read_msg.asp?message_id=8613714

Last of 2005, gross revenues will exceeding $10,000,000.00 profit
exceeding gross revenues where in 2004. $3,000,000.00 30% Profit
http://www.pbls.biz/pr38.htm


$59,585,400.00 Profit 2005 / 346,560,260 shres = .17 EPS for 2005
PBLS trading 25 x Earnings is $4.25 PPS
http://www.pbls.biz/pr38.htm


2006 revenues $224,388,000
Progas Inc. $190,000,000
Rome Oil and Mid South Oil $12,000,000
Murphy Sand and Gravel Est. $3,500,000 50% growth from 2005
Heaslip Construction Est $3,000,000 50% growth from 2005
Ann Arbor, Great Lakes Pool $3,388,000 50% growth from 2005
Bayou State Trucking $1,000,000 50% growth from 2005

Adding the long term assets:
Murphy Sand and Gravel: In ground reserves $500,000,000.00 Gross
Rome Oil Kentucky: 400,000 BBLS x $50.00 = $20,000,000.00 Gross
http://www.pbls.biz/pr42.htm
Rome Oil Wyoming:13,100,000 BBLS x $50.00 = $655,000,000.00 Gross
http://www.pbls.biz/news.htm $1,235,750,000.00

2006 Revenue & Assets $1,399,300,000.00 / 346,560,260 = $4.03 PPS

2006 Revenue $224,388,000 / 346,560,260 = .64 pps
2006 Profit $67,301,000 / 346,560,260 = .22 EPS for 2006

30% Profit .22 pps x 25 mutiplier = $5.50 PPS


C
Member


Rate Member posted November 28, 2005 20:56
--------------------------------------------------------------------------------
more info here:
http://users.adelphia.net/~newp/pbls/

I'm in BIG on this...


bond006
Member


Member Rated:
posted November 30, 2005 11:58
--------------------------------------------------------------------------------
This is a good piece on oil and gas peeking long but worth the read if you are in pbls this could be a good read and then see why paul is taking us thier.


Small growth oil companies are the next big thing:

http://msnbc.msn.com/id/4287300/


C
Member


Rate Member posted December 01, 2005 21:38
--------------------------------------------------------------------------------
...been at work the past two days, so I've missed out some. From I-hub

Posted by: stushy
In reply to: None Date:12/1/2005 7:50:41 PM
Post #5460 of 5464

Spoke with Mike today...
He stated they are retiring some restricted shares owned by an employee who needs the money this year. This will be part of the 100 million retired and some will be out of the float.

Mike stated they are in the process of retiring the 100 million shares.

Also stated they have a genius for their aquisitions manager who's plan is to pick companies who's owners/management expect to retire out 5 years or more and offer them cash, restricted shares, preferred shares and guarentee minimum cash settlement at end of five years or much more depending on pps of stock.

Plan is minimum dilution, and creative financing with preferred and restricted shares.

We will all know what the O/S is beginning of Feburary. Also, SEC is pushing them to move off of pinkies with this type of revenue so expect a faster move to different exchange.
Also talk of AMEX immediately.
Also expect more major aquisitions soon.
Also 1 billion revenue in three years is target.

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lilpennypincher
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I'm still holding! Adding on the way down.

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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pennnies
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Starting to see some buying pressure to come back!

[Big Grin]

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pennnies
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This is lil's call so give her credit when this baby takes off!!!

[Big Grin]

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one2watchny
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I was just making my first post on the other thread that I jumped in and someone could light the fuse and it was closed....is this an omen good or bad;
got in at .0139 hope its up from here [Big Grin]

--------------------
EVERY Day ABOVE GROUND is a GREAT DAY!!!

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pennnies
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quote:
Originally posted by one2watchny:
I was just making my first post on the other thread that I jumped in and someone could light the fuse and it was closed....is this an omen good or bad;
got in at .0139 hope its up from here [Big Grin]

lol... looks to be good...
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one2watchny
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Now that you/we have a new thread I want to hear some pps predictions.....this week,End of year,3 months?

--------------------
EVERY Day ABOVE GROUND is a GREAT DAY!!!

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OILDOG
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Geee!! Just by starting YET ANOTHER thread!! Do you think folks might think this is starting to be OVERPUMPED? I added shares last week and will do so again today/tomorrow, just in case yer interested.

--------------------
It takes a lot of attaboys to make up for an aww chit

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pennnies
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Let me check the chart right quick.
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will
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I didn't want to lose Bearclaw's funny remark that had everyone laughing their asses off, so :

-------------------------------------------------------------------------------
Bearclaw
Member


posted December 15, 2005 12:28
--------------------------------------------------------------------------------
I hate those Premature Especulations,...

--------------------
A million seconds is 13 days.
A billion seconds is 31 years.

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pennnies
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Looks like if we can trade sidewyas or up a few ticks we will see .02+ for the week. End of year I see .03+ without a pr. A pr announcing another deal or audit could blow us up to .12+.

Just depends on how the market feels about this stock.

Very surprised this company trades at under .05

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yes
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quote:
Originally posted by OILDOG:
Geee!! Just by starting YET ANOTHER thread!! Do you think folks might think this is starting to be OVERPUMPED? I added shares last week and will do so again today/tomorrow, just in case yer interested.

Lil suggested that pennies start a new one instead of keeping the "KABOOM!" thread..
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stickfigurefred
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Added more myself, what a bargain [Smile] She goes down more I'm just gonna have to keep buying. Go ahead and sell, make my day.

--------------------
Fred
[IMG]http://renegade.iconlabs.net/images/tek.gif[/IMG]

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lilpennypincher
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quote:
Originally posted by Phoenixx:
quote:
Originally posted by OILDOG:
Geee!! Just by starting YET ANOTHER thread!! Do you think folks might think this is starting to be OVERPUMPED? I added shares last week and will do so again today/tomorrow, just in case yer interested.

Lil suggested that pennies start a new one instead of keeping the "KABOOM!" thread..
Awh come on.......Stop this. He already started this one and everyone was still posting on the old one. I didn't see his new one and he asked that, that one be close so.......I said.....

"So..........start a new one Pennies"

My GOD!!!!!!!

and will.........Too funny, thanks for bringing it over. One I'll not soon forget

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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will
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Yea lil, that Bearclaw is a funny guy. I feel bad for him, he's in PLNI and that's being diluted too. I was really surprised to see it trade below .004 today. I'm afraid the same thing is going on here. A PR campaign in conjunction with dilution. They alluded to a share buy back too, had acquisitions too. Pinks! Happens more than we like to see.

--------------------
A million seconds is 13 days.
A billion seconds is 31 years.

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bond006
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Is this the thread that we now using? Well thisis the last sell off imho before we headed north a lot of people including my self thought that progas would take us north.To many weak hands now are dumping we are only a short time away from ungagging the t/a and some more good pr,s tommorow will tell if this is done long and strong and keep the faith. I still think we will be rewarded by the end of the month.
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lilpennypincher
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BOING!

and will. Just got some PLIN for a quickie!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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will
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"and will. Just got some PLIN for a quickie!"

I'm thinking about it, but the volume is still too high with a couple of MM's just selling on the ask for weeks now. Might not be over yet. So far, 51M today. Might see lower yet. Really oversold though, (RSI 29).

PBLS, probably will have a techinical bounce off that 25 / 26 RSI, but until SCHB is finished it isn't going anywhere near the prePR price.

IMO

--------------------
A million seconds is 13 days.
A billion seconds is 31 years.

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yes
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quote:
Originally posted by lilpennypincher:
quote:
Originally posted by Phoenixx:
quote:
Originally posted by OILDOG:
Geee!! Just by starting YET ANOTHER thread!! Do you think folks might think this is starting to be OVERPUMPED? I added shares last week and will do so again today/tomorrow, just in case yer interested.

Lil suggested that pennies start a new one instead of keeping the "KABOOM!" thread..
Awh come on.......Stop this. He already started this one and everyone was still posting on the old one. I didn't see his new one and he asked that, that one be close so.......I said.....

"So..........start a new one Pennies"

My GOD!!!!!!!

and will.........Too funny, thanks for bringing it over. One I'll not soon forget

Sorry if I got it wrong there. At any rate, when I wrote the other post, I was defending you/pennies/the new thread, not attacking you guys. [Smile]
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lilpennypincher
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Yea, I know phoenixx.......I think we all just have a BRAIN FREEZEEEEEEEE.....Or a least I am having one today!


Good luck buddy!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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lilpennypincher
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I think I may just shut down my Computer and not open it agian till Next Monday........LOL

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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stickfigurefred
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I think i'm about with ya there Lil.

--------------------
Fred
[IMG]http://renegade.iconlabs.net/images/tek.gif[/IMG]

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pennnies
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feels like a friday!
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lilpennypincher
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Holiday week.......YEK!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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bond006
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We know that this stock is being diluted not as much imho as most investors think . Most of it comes in the form of restricted of preferd stock and I feel that very little has went into the float. Now since the co has put a dollar value,as to my understanding as to a term of 5 years out of a dollar don't you think they would shooting themselves in the foot to dilute the float would not make any sense or give them any credabilty when they are making thier purchases. Just a thought.
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lilpennypincher
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Nice thought bond.

I'm Strong........getting a head cold but...STRONG!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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OILDOG
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Sorry. Guess my idea of humor a little too dry.!!LMAO. Lil, I like your picks (good or not) because YOU post dd,especially the charts, so I can decide for myself whether to play or not.Others do not, and so have little or no value/influence on my decisions. Personally have no problem with bashing if its honest opinion and they can show why they feel that way.Prefect's opinion this is going nowhere doesnt have any value, since PBLS is triple where it was in July when I first got in.Not bad,and I believe its going higher. Personally, I would like to see PBLS consolidate and work on the acquisitions they now have, ramping up profits at PROGAS in particular. Too many irons in the fire can get all the biscuits burned.I'll let it go at that. Obviously I'm more funny to myself than anyone else. [Razz] Gotta get a tube taken out of my face here in half an hour anyway. GLTA

--------------------
It takes a lot of attaboys to make up for an aww chit

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pennnies
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sorry double post


[Big Grin]

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billymorgan123
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sorry i havent been following this one,, but it seems to be very low,,,
thinking of getting in and hoping for a bounce,,,

any particular reason why this one dropped so fast ??????

thnx in advance

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lilpennypincher
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quote:
Originally posted by OILDOG:
Sorry. Guess my idea of humor a little too dry.!!LMAO. Lil, I like your picks (good or not) because YOU post dd,especially the charts, so I can decide for myself whether to play or not.Others do not, and so have little or no value/influence on my decisions. Personally have no problem with bashing if its honest opinion and they can show why they feel that way.Prefect's opinion this is going nowhere doesnt have any value, since PBLS is triple where it was in July when I first got in.Not bad,and I believe its going higher. Personally, I would like to see PBLS consolidate and work on the acquisitions they now have, ramping up profits at PROGAS in particular. Too many irons in the fire can get all the biscuits burned.I'll let it go at that. Obviously I'm more funny to myself than anyone else. [Razz] Gotta get a tube taken out of my face here in half an hour anyway. GLTA

Yeah. All (even I) forget that PBLS is much more than this Progas and It is up HUGE since I first posted it at .0033!!!!!!!!!! So WHOOO----F'ing----HOOOO!

LOL!

--------------------
Lil,

Dont LOSE more than you can afford to invest....LOL

I'm buying low and selling into the run...

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bond006
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This going to test our metal tomorrow will tell if we are in for more of this if we are its time to hunker down and hold or panick sell I am going to buy more if this continues tomorrow I got some more today glta
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will
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Acquisition PR before the open Thursday 12/15/05.
Open at .0215, High .022.
Volume
-------12/15 21.665M
-------12/16 21.449M
-------12/19 33.5M

3-DAY TOTAL--76.614M

Close 12/19 - .0135, down from .0215 open 12/15, -.008 / -37.2%

--------------------
A million seconds is 13 days.
A billion seconds is 31 years.

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Louie_EM1
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Look for more losses to come shorty.
Hold for next year when the MA 50d .03 makes a curve so we can see a healthy uptrend, until then this is not going to gap.

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bond006
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Does anybody remember the last pr here is the part about share count


CEO, Paul Alonzo commented, "We are confident in our ability to dramatically increase the scale and net income margins for ProGas' business going forward, particularly when coupled with our existing Oil & Gas operations and acquisition targets we are currently considering." He continued, "We are also in the process of getting all the information updated so as to make it available in the public domain so that our shareholders can access up-to-date information on select company data, including all share-related data, through any number of online investor-related resources, including Pheonix's corporate website."

So the transparency is indeed coming... congrats to us longs, rewards cometh in 2006!

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