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That's true stick. Liek I said I'm not really worried, but it is juist irritating to see such raw manipulation. Why can't someone from the SEC watch the daily trading of certain stocks and see the blatant manipulation...why? Well because the SEC is in on it is the only answer I have.
posted
SherriT I certainly understand. I'm going to have a lot more funds to play with in a couple of weeks and a part of me wishes it would go back subpenny on no news...I's certainly add a few more million shares.
However, I've been in long enough and 2M shares should be more than enough to make good money on this play.
MADISONVILLE, LA--(MARKET WIRE)--Jan 5, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) today announced that Stephen L. Woolstenhulme, 57, has accepted the appointment to Vice President of Finance for all Phoenix operations. ADVERTISEMENT
Paul Alonzo, CEO and President of Phoenix, stated, "Phoenix has grown to a multi dimensional, multi million dollar company and it is time that we had a person of Steve's level of skill and competence providing financial leadership as we continue to grow our company. We can no longer afford to conduct our business on a self generated income basis, and for the first time Phoenix, under Steve's guidance, will go into the market and structure financial agreements that will be conducive to continued corporate growth."
Paul Alonzo commented further, "I have the utmost confidence that Steve and his team can accomplish the Company's objectives. Steve will help all of us at Phoenix to achieve many great things. I extend my appreciation of his acceptance of this extremely important position."
Steve Woolstenhulme has a diversified background in finance, sales and business development, having most recently served as the business advisor, software developer, financial backer and a principal of Best AeroNet, Ltd., one of the Best Jets Group of Companies that were acquired by Phoenix in August 2006. Best AeroNet is a contract fuel provider that arranges fueling at more than 600 airports across the USA and Canada for corporate turbine powered aircraft.
Steve is a co-founder of Best AeroNet Aviation, Ltd. and Best Jets, Ltd., companies involved in jet aircraft acquisitions, renovation, management and sales. He is a licensed Airline Transport Pilot with Learjet type rating, with over 2,700 hours of total time.
Steve's early sales experience includes everything from door to door sales to "big ticket" software products, aircraft, real estate, insurance, and private placements of equity securities. He has gained a thorough understanding of the fundamentals of budgeting, forecasting, quotas, capture ratios, and incentive programs. He has also given training sessions on the interrelationship of the "big three" elements to financial success in business -- grow volume, margin, and cost control.
Steve graduated from Brigham Young University in 1976 with a Bachelor's degree in French and a minor in English. He is fluent in French and has developed a high level of software proficiency, having a working knowledge of most business applications software used by companies today.
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
I know some of you will say this is not big news, but I totally disagree. This news is huge. This is just one more step in the right direction for Mr Alonzo. Paul and his wife have realized that to grow the company they will have to hire the right people. I'd say they are doing a darn good job of it.
I believe we are watching a nice setup for much much bigger news.
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2007 is going to be our year, if not, well hey, there's still 2008, 2009, ...
Posts: 1364 | From: Somebody from Europe | Registered: Sep 2005
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posted
Sold all my shares with a $300 profit...... Wish you guys well...... Figured I would start the year off with a ProfitSell .... May regret it but have to pay off some Christx bills (:}
Posts: 1101 | From: Georgia | Registered: Apr 2006
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posted
Phoenix Adds to Its List of Real Estate Holdings Monday January 8, 5:00 am ET
This 32 Unit Town Home Project, Acquired for $11 Million, to Be Expanded by 32 to 35 Additional Units; Clifton C. James, Renowned Architect and Planner, to Do the Architectural Planning, Site Beautification and Development
MADISONVILLE, LA--(MARKET WIRE)--Jan 8, 2007 -- Phoenix Associates Land Syndicate (Phoenix) (Other OTC:PBLS.PK - News) announced today that it has purchased a 12-acre Town Home project located in Madisonville, Louisiana.
ADVERTISEMENT click here Phoenix acquired this property for $11 million, and borrowed $6.5 million from Madison Realty Capital of New York City to complete the purchase.
This project includes 32 Town Home units that are to be converted from rental property to be sold as luxury Town Homes. The company expects to add another 32 to 35 Town Homes to the property, to be built by Phoenix's construction company, 3-D Builders.
Clifton C. James, the renowned architect and city planner, and new member of our company, will do all of the architectural planning and site beautification and development.
Phoenix already has three units being remodeled as current leases have expired. Those units will be sold upon completion. One unit, called the Harbor Master unit, sold within days of the purchase.
Mr. Alonzo, President and CEO of Phoenix, stated, "Since Hurricane Katrina, demand for quality living properties on the North Shore of Lake Pontchartrain has soared. New homes are being built as fast as possible, but cannot keep up with demand. This project is located directly on the Tchefuncte River at its widest part. It is just minutes from Lake Pontchartrain."
The Company currently forecasts this project, from start to sold out, will be 2-3 years and profits from this project are expected to exceed $10 million for Phoenix and its involved subsidiaries, which include 3-D Builders, 3-D Rock Creations, TCB Property Management and PBLS, LLC, which is a Nevada LLC owned solely by Phoenix with its sole asset being this development.
About Phoenix Associates Land Syndicate (PBLS)
Phoenix Associates Land Syndicate (PBLS) is a public holding company, with thousands of stockholders, that has purchased motivated companies in order to enhance its assets and income basis. Since 1978, PBLS has developed assets and/or interests in aviation, sand & gravel, soil products, land development, oil and natural gas, commodity brokering, plumbing, trucking, contract hauling, construction, swimming pool construction and construction-related industries. For more information, visit 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.
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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Just a word of caution, IMO ppl new of the pr and loaded up!!! now they need buyers to sell thier shares and what better way to do it then a profit pr. I could be wrong but she looks wayyyyy frontloaded!
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
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First off, Happy New Year. I have been away from the boards for quite a while, but noticed that our beloved stock has pushed me into the green for the first time in almost 6 months! Yay...
But I was looking at the technicals and it looks a little scary. I'm not good at the technical stuff yet, but the RSI looks very high.
What do the PBLS faithful think? What do the other technical indicators tell you guys?
posted
We are approacing the 200 day MDA which if we close above it, and we will with this PR, this will form the right side of the cup Then a little retrace unless news continues and its off to higher ground IMO
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
Good pr.... Not gr8 I will buy on drops... i do think PBLS is steadly heading up.... Thought the news would have created more of a pop up... never know
Posts: 1101 | From: Georgia | Registered: Apr 2006
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posted
Hitman you can forget buying at a penny again unless this stock turns out to be a scam.
Matto might have a point about people knowing about the pr, but I doubt many people are selling. Those people with an inside edge to the company would never sell at a price this low. Most people that have done their DD thoroghly are looking for a 10 bagger from this point.
I'm pretty sure there will be some consolidation around the 200D MVA because the RSI is so high. But the price doesn't have to drop for the RSI to drop. The Realitive Strength Index (RSI) is just that...it's relative to other stocks. So if we flat line while other stocks go up the RSI will drop.
While I certainly don't know what will happen my prediction is we close over the 200 today. By wensday we will retest the 200 and I suspect we will find a lot of support. Assuming the company doesn't issue many more pr's I think we consolidate around 2 cents while the 50 Day MVA catches up. A solid PR right around the time the 50 crosses the 200 and the golden cross completes we hit a dime...by end of January--mid febraury.
Just my optimistic prediction. I do however think a retrace is inevitable...stocks don't go straight up forever. I also think quite a few more pr's are on their way...and they are going to make this one look tiny in comparison.
Posts: 1443 | Registered: Apr 2006
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