Interesting observation: In the past, short selling was always followed with buying to support the stock at the .059 to .06 range. This past week, a mega-short seller knocked the share price down to the .052 range but followed up with a 300,000 share offering in the much lower range. No way PRHL was going to recover with that play. What surprises me is this: The current real short position in PRHL is between 20 and 30 million shares and this is common knowledge. The current shorters seem to be playing for higher stakes, trying to knock the PRHL stock price down to scare in some heavy selling. Up till now, the NOBO list and DTC sheets have shown a very stable shareholder base and in fact, last month there were virtually no changes in positions. It is going to be interesting to see who wins this financial war. With an upcoming shareholder meeting and all that has been announced till now, I for one wouldn't want to be caught short one share. If the announced sale of TPC and the provider AIC is completed, the PRHL shareholders will be receiving shares from the buyer and those shares will be listed on a senior exchange in the NYSE platform. Ouch !! I wouldn't want to be faced with trying to find those shares to cover my short position. IMO, this may be a blessing from heaven for the current PRHL shareholders. It shouldn't be too long to see how this all plays out. Go Trojans, It looks like your year to shine. PRHL on the Trojan Horse.
