Somebody doesn't have any faith in PRHL's future. 120,000 share block just sold for .06. Randal's cheap 144 stock is now haunting him. Sold 144 for .04 and now it hits the market at .06. That's still a heck of a profit. One rule I always abided by was: don't make your stock become confetti by issuing too many shares at cheap prices. Now you see exactly that. Plenty of confetti from cheap 144 stock. I wonder how much more cheap stock was sold at .04. .05 stock is still a possibility if shareholder must liquidate and he bought at .04. It is time for some management to step up an buy this cheap stock. That would show confidence in the future of PRHL.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.