PBLS - Phoenix Associates Land Syndicate ($0.0125)
The following PR was released on Friday night, after market:
Phoenix Associates Announces Major Additions
Comments:
Those tracking the company realize the significance of this internal restructuring & expansion. However, I have heard of some people leaving on the fear of dilution (1.75B a/s to 2.5B a/s). As they please, but anyone playing their cards right ought dwell upon the synergy and focus that is being fine-tuned by this company in order to harness a long-term future. In particular, look at the recent additions, and the comparative advantages that PBLS already holds. I will write about this company soon enough. I continue to suspect that this one will dip a little further until more detailed news comes out. Keep a very steady eye on this company over the next few weeks. Play it as you will, but do not forget a base holding.
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