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I read with interest all the recent posts and yes PRHL is doing very well and better than ever expected however:
There is a very significant problem with PRHL and that has to do with its trading platform. Since I am a large shareholder, I take particular interest in the daily trading patterns on Level II. Some time ago I noticed irregularities and I contacted Tom Ronk who specializes in shorting of publicly traded stocks. Tom gave me an education you can't buy in college. Bottom line, in the past 4 years, PRHL has been cumulatively shorted over 40 million shares. Today, considering the buy backs, the realistic existing short position for PRHL is 17 to 18 million shares. Not my estimate but what I am told by experts. Shorting recently has been rampant. Yesterday, the trading volume was 346,886 and of that volume 193,500 shares were shorted. That's 55.78% and the average price of the shorts was .085. What do you think the market will do on the opening? Right it is down below the .085 price trying to buy it back at a cheaper price. The Company is fully aware of what is going on and is looking into its options. NASDAQ Listing can't come soon enough. One other option to destroy the shorts is to create a massive buying program. That's up to the investing public.
Tom Ronk's daily publication reporting shorting of Company stocks is BuyIns.Net. Not cheap but worth every penny.
My posting earlier today was several hours too early.
PRHL's Press Release this AM is right on point. The machinery is all in place and the motors turned on. For The Power Company to surpass 2015 enrollments this early before year end tells me PRHL is growing asset-wise at an unbelievable speed. Remember each contract has a value somewhere above $500. PRHL will have an asset base somewhere in the stratosphere with growth like this. The market opening today should be interesting. Everything is pointing in the upward direction. If PRHL had 200,000 contracts and that grows to 400,000, the asset base of PRHL could be well over $100,000,000
That's scary but wonderful.
Tekterra, Today should be a good indicator of things to come.
I expect trading volume to increase and price improvement to increase at a faster rate. It's about time to see some real growth in the stock price merely to stay in line with the progress PRHL has made. From here on out, it is a matter of ramping up the engine parts and watch the production line buzz.
Waka, I reviewed my last Post and I did not say the Company projects 88 million in profits, I said 88 million in revenues. The Company is projected to show a profit of $4.2 million dollars in 2017 which refers to the turn around in profit making. The increases in revenues and profits from 2016 to 2017 shows the start of a logarithmic curve for future growth.
Waka, In the past, PRHL had to delay by a few days its SEC filings and it was very upsetting as an indicator re company operations. The last filing was on time and I know PRHL has Lobe and Lobe engaged to take care of things like this and reflect a high class operation. The 2nd Qrt 10Q should be filed on August 15th. It should show the beginnings of massive future growth in the following quarters. The Provider is just now getting on line with operations and from here on out, its all growth. Projections actually show a profit in 2017. I know cash on hand and cash for operations is no problem so I think it is just a matter of time now that our expectations will be fulfilled. Gross revenues 2016 should be 16 million. Gross revenues should be 88 million 2017.
Not bad in my book.
Tekterra, The same old question: Is someone unloading a sizeable block of stock or is it short selling. You are right it doesn't make sense to sell down here at these prices, so that leaves you with short selling that also doesn't make sense. Since I have followed the level II trading for 4 years, I can tell you for sure that there is a set of circumstances in PRHL that explain the mystery. In July 2012 PRHL was 1.30 and when the shorters discovered PRHL, within several weeks they shorted it down to .06 level. I bought stock all the way down and never stopped buying until the present time. Meantime, the total short position grew from several million shares to a whopping 39,420,577 shares as of a few days ago. This number represents total cumulative shorts. The actual current existing short position is more like 17 to 19 million shares considering all the buy-backs since 5/2/2012. This 17-19 million shares short is a number I get from experts and not one I make up. I subscribed to the BuyIns.Net publication and get my daily short report from that. Yesterday, total volume traded was
681,580 shares of which 382,625 shares were shorted for 56.14%.
Bottom line: The shorters are deep into their shorts and have no way out. Look at the tape and you see consistent selling of small blocks hitting the bid or transacting below the market. The shorters are so desperate, 37 seconds before the close they entered a trade below the .08 level. This occurs frequently. The shorters are desperate and are doing everything they can to keep PRHL down. Time should remedy this situation especially with positive earnings reports.
Fortrav, Did you see the last trade seconds before the close. That peanut head is much like a spoiled child who wants to show who's in control. All I know, his anal sphincters must be puckering a whole lot these days. I would give a fortune to know his short position. I received an updated short report from Tom Ronk and it shows a cumulative short volume of 40 million shares since 5/2/2012. Realistically, the current existing short volume considering all the buy backs since 5/2/2012 is between 17 to 19 million shares. This comes from experts advice to me. The new squeeze trigger price is .1303. With today's action and accelerated buying, next week should be very interesting. Read my earlier posts and you see I haven't been too far off. When we hit the .1301 level, the next level is .17 and then on to .25. The final push before up listing is .40 to .45. PRHL is cruising on all cylinders and the projections look like lottery numbers.
Tekterra, Within 20 minutes of my last post, Cantor-Fitzgerald's 104,000 offer disappeared. There is virtually no overhead supply of stock. This should be one interesting session. If you intend to buy, get it early for I don't think it will last long at these prices. The disappearance of that 104,000 share offer is either coincidental or the shorter is watching this Board closely.
Tekterra, Yesterday's trading was steady buying all session long and the shorter took off when the buying didn't let up. In fact near the session close, there was a burst of buying and the stock closed at .07 its high of the day. I expect steady buying today and I expect Cantor-Fitzgerald's 104,000 inventory to be bought up rapidly. The buzz is out, the seller is gone, the shorter took a vacation. That's ripe for a breakout and PRHL hasn't seen these conditions ever in my memory. We need buyers to step up and run with the stock to penetrate the squeeze trigger price. I'll be watching eagerly, let's say hopefully.
Tekterra and Derkampfer, Two days and two Press Releases. Yesterday's trading was disastrous with a vicious short seller and
a shareholder liquidation. PRHL survived it. Today the shareholder completed his selling and the short seller continues to badger the shares with 125 share orders to keep PRHL under .07. It has become obvious to me that this short seller must have an enormous short position and he has no alternative but keep the price of PRHL below its squeeze trigger price. Today's tape is a classic example of desperate shorting. Shorting 101. PRHL finally reached .07 but that was short-lived with a trade at .0699 with a 125 share order. That hardly covers commissions. In my estimation, PRHL's days at the .07 range are limited and it is only a matter of time we should see PRHL double and triple in price.
PRHL issued another Press Release today and that is after it made the most important release in its history yesterday. I expected a fantastic trading day when PRHL announced the acquisition of a Provider. The market opened up and the first 5 trades at opening were sells on the downside totaling 100,000. The remainder of the day continued with Cantor Fitzgerald offering stock at .0675 and it didn't matter what size blocks on the buy side were, the offer remained at .0675. Today there is another Press Release and it will be interesting to see what happens to Cantor-Fitzgerald offering of .0675 at the opening. I waited in anticipation for my daily BuyIns.Net short report for yesterday and it disclosed 52,900 shares shorted for 17.5%. That eliminated short selling as the cause for yesterday's debacle. So we have a shareholder selling his position. Now we need to clear out whatever Cantor Fitzgerald has for sale and go on from there. Management is very aware of the situation and is working to solve this dilemma. Apparently, PRHL is doing better than ever and is looking forward to fulfilling its lofty projections.
Derkampfer, The acquisition is a game changer because the operations of PRHL take on a whole new accounting method. Whereas, PRHL was only earning commissions from its customers, now PRHL takes in the entire transaction from purchase of energy all the way through to the end user of the energy. This is going to take time to get all the parts rolling but I gave the Company projections earlier and you see the results.
On another subject: This AM PRHL made its most significant announcement to date. You would expect a positive reception, normally. but guess what we got: 100,000 shares sold in 5 consecutive trades all to the down side on the opening. What is your interpretation of this. Mine is that PRHL has one very desperate short seller going to all lengths to destroy PRHL. Then the buying started to come in and the shorter sold another 11,000 on the down side. A 50,000 and 20,000 buy order followed and thru all this Cantor Fitzgerald's offer of .0675 never budged. Now further selling of 11,000 shares on the downside and that is where we sit.
My advice to PRHL will be to get its million share orders entered by its rich investors and let's see how the shorter manage that.
You all rightfully asked, Where is the announcement of the Supplier acquisition. Today's Press Release answers that question. This item is the single most important key to PRHL's future success. The Supplier changes the accounting procedure and takes into account the entire transaction from buying the energy to use of the energy by the end user. No more just commissions. The projections are so huge, one sees how PRHL will do 40 to 80 million in revenues and start showing a profit in 2017. The asset base grows exponentially, with each new client contract worth $500 minimum.
TPC has 200,000 contracts and is adding 6,000 to 7,000 per month.
How could we ask more of management. I'm told the Company has ample cash on hand and basically debt free.
Tekterra,
I expect gross revenues year end 2016 of $16,800.000
I expect a year end loss of 2.6 million dollars
I expect gross revenues of 88 million dollars for 2017
I expect a Net Income of 4.2 million dollars for 2017
If you want the printed projections e-mail me at jackgregory@sbcglobal.net and I will send it to you.
Assets are another question. If The Power Company has 200,000 clients year end 2016, that has a value of 50 to 100 million dollars on the auction block. Remember, currently PRHL's Provider has very few contacts because until now, TPC was placing all the business with an outside provider. Now all new business in going into PRHL's provider and again as I said many time, that changes the accounting dynamics and business model greatly.
Derkamfer, I turned 85 y/o on June 19th. I cannot remember when I started investing but I was very young. I have done half a dozen registrations starting up companies and then selling them. As a matte of fact I sold PRHL to current management when I learned of their existing business plan. Deregulated energy will create the greatest transfer of wealth this country has ever seen per Warren Buffet. So you see I have a sentimental attachment to PRHL. I own a large position and I obtained it by buying my shares from the market at all prices starting at 1.25 down to .046 and up to its current price. The business of PRHL is not easy to understand until you study it and realize the function of each division.
Producer, Provider, Distributor, User of the energy. That's the flow of business. PRHL has the Provider, Distributor, and contracted customers now. The key to this equation was the Provider. The Provider changes the economics of this flow into a high revenue, high profit business. I explained in other posts the value of each contract and that alone makes PRHL very valuable asset wise. Revenues, and profits will grow with each quarter and I am led to believe the company has adequate cash on hand to operate. Little or no debt. What else can I ask for. DON'T CALL ME A FRAUD. If you doubt anything I say, contact me and we can talk.
Tekterra, Mr. Letcavage laid out a business plan when he took over PRHL over three years ago. He said, PRHL will acquire an energy distributorship, and he did just that. The Power Company TPC in Chicago grew from nothing to 200,000 clients. That was step one and it was never supposed to show much profit because it would only realize commissions on its sales. He said PRHL will acquire an energy provider to supply TPC customers with energy. It was always stated, the supplier acquisition changes the accounting dynamics enormously. The supplier was acquired recently. He said the third division of PRHL will be called E-3 and that will deal with supplying clients with energy efficient applications eg LED lighting. E-3 has exploded in growth. I would say this story is nothing short of a miracle. I invested heavily in PRHL and I think it will be the best investment I have ever made in my 85 years of investing. To be complete with this story, the one pot hole PRHL fell into was Lexington Power and Light which in short mislead PRHL regarding its operation and when the CEO discovered the irregularity, he terminated the relationship. That's over and done. I expect PRHL to remedy the situation with the stock trading irregularities when it uplists and gets a new CUSIP. That will flush out the shorters.
Tekterra, your understanding of PRHL is good but not complete enough to understand just how explosive growth will be in the coming quarters. The Power Company is a door to door sales company that registers households to buy deregulated discounted energy. TPC has grown from 6,000 customers to 200,000 customers and it garners only commissions on those contracts. Very marginal income. TPC signs up a household and gets an outside provider to supply the energy for that contract. When PRHL acquired a provider recently, the dynamics of that transaction (contracting a new household client and
having the PRHL provider supply the energy)the accounting includes the entire process in its own books. Buying the energy, and then having PRHL's provider manage that account month to month increases revenue 7 to 10 times and increase profits 3 t 4 times. It is no longer just a commission business. Also, each contract is now worth $500 if sold in the auction market. 200,000 contracts times $500 is a lot of money. PRHL's provider is starting out with very few contracts because the existing contracts are with an outside provider and should and will stay with that provider for operational reasons. TPC is enrolling 6,000 clients a month and these new enrollees will go into PRHL's provider network. We should see the start of the upward slope of growth assuredly this year but from then on, the numbers will look like the lottery and I am not kidding.
If you watch PRHL Level II like I do, you will see some ugly maneuvers that are really hurting the stock price.
#1. Hitting the Bid and immediately post a lower offering
#2. Hitting the Bid shortly after a Buy order to discourage further buying.
#3 Stacking the Offerings with tiny incremental increases to make it seem like there is a large overhead supply.
4. Hitting the Bid with 100 share orders
#5 Intercepting orders and filling them at lower than limit order.
This pattern has been present for months on end and I call it the Chinese Wiggle. It is so predictable, I call my friends and tell them what to expect and sure enough here it comes.
I have filed 7 complaints with FINRA and that has been a waste of time and effort. "Thank you for your complaint, we will look into it". End of story. Don't waste your time.
Tekterra: My wife has some truly remarkable designs which were computergraphically manipulated into the final design and then transferred to women's garments. Her line is continually being upgraded. Enjoy the fruits and vegetables all from real product.
On to PRHL: The Energy Provider is up and running and revenues and profits with increase dramatically from here on out. I believe they have identified the 3 million needed to buy the power from the producers. The FERC license will be in the name of PRHL within a month and until then PRHL is operating under the old FERC license. I am not privy to the 2nd quarter 10Q numbers but we should see the beginnings of explosive grown both assets and revenues and that I say with great confidence. I expect announcements regarding the companies present condition and that should calm a lot of nerves. I know the company is working on the uplisting documents and how they are going to get the stock price higher to do a reverse split is still work in progress. That too will get done. E-3 has received nice sized orders for their LED conversions. I am told all is going well and better than expected. I say, why then doesn't the stock reflect reality. We do have a nasty short seller and I am not making that up to pacify anyone. It happens to be true.
Another Pre-market Release by PRHL
A strong report by E-3, a subsidiary of PRHL and it indicates how their business is being cranked up in the LED market.
The pre-market for PRHL looks strong, now with follow thru we could see some encouraging signs. I don't know when but for sure this thing is going to take off and fly like an eagle.
Yesterday, PRHL traded 590,825 shares.
Yesterday, the short volume was 234,651 shares
Short Percentage was 39.72%
PRHL cumulative short position since 2012 is over 39 million shares
The actual existing current short position is between 16-18 million shares considering the buy-backs since 2012. There is no way to know this exact number and I have to depend on experts for this estimate.
The short position continues to grow on a daily basis and the short players are in so deep, there is no way out.
Massive buying may work so let's hope the volume continues to grow.
Today's Press Release is a real game changer. This will boost sales at TPC to new heights. Overall it will have a dynamic effect on the overall revenues and assets for PRHL because of the energy supplier benefiting directly with the increase business at TPC. Wow, I can't begin to appreciate how big this is. This announcement should propel PRHL to much higher levels and the more that people realize how big this is, the more buying of PRHL will occur. Any guesses where PRHL will settle?
If you want to take a break from PRHL and see something very artistic, look at my wife's newest designs at www.shopvida.com/collections/voices/jasmine-gregory. These original designs were produced from actual fruit grown at our ranch in Springville, CA. These designs and apparel have a way to calm ones nerves and settles one down to a new world. Enjoy.
I want to make a point not many know about. That is how persistent the short selling exists on a daily basis for PRHL
Example: Yesterday, the trading volume was 190,544 shares
The short volume yesterday was 81,519
The short percentage was 42.78 %
That is the hard fact and this goes on daily. It is one very difficult hurdle to get over since the total existing short position is probably between 16 and 18 million shares, the market makers have marked those sales as profits.
Until PRHL reaches .131 (the squeeze trigger price) the market makers are safe. After .131 and higher, the squeeze trigger price kicks in with SHO regulations and the market makers have to cover their short positions.
I want to clarify the fact that the total cumulative short volume since 2009 is over 38 million shares, the total current existing short position is probably 16 to 18 million share considering the buy backs that have occurred. There is no way to know the exact number of share currently short but informed individuals estimated 16 to 18 million shares short currently.
We need massive relentless buying to get to the squeeze trigger level and continued buying until the shorts "break" and become buyers. Here's hoping for a lot of good news from PRHL.
Yesterday, The trading volume for PRHL was 835,248 shares.
The daily short volume for yesterday was 295,971 shares
The price of the shorts was 0.070
The Short % of the total volume was 35.44%
The volume at Offer was 432,810
Volume at BID: 402,438
Net Buying vs. selling 30,372
Price change +0.00700
This information on a daily basis is valuable when a company wants to know the reason for its stock price variations. Shareholder selling vs shorting.
I have the cumulative totals since 2009 and the numbers are remarkable. Total shares shorted since 2009 is 38 million shares, but with buy backs etc, the current outstanding shorts for PRHL is probably around 16-18 million shares. The squeeze trigger price is 0.131. It's no wonder market makers with short positions fight like heck to keep the price below 0.131. With more positive news in the future, PRHL should makes its big move upward.
HOMEBREW I'm afraid it is you with the limited knowledge of the shorting game. TOTAL SHORT INTEREST INCLUDES NON EXEMPT SHORT SALES THAT HAVE NOT YET COVERED. Total shares shorted includes both exempt (market makers) and non exempt (everyone else) short sales. You wrongfully believe that exempt short sales by market makers are closed before the end of every trading day. BuyIns.Net is the only firm that has consolidated the tape of all 14 stock exchange and can see the TRADE IDENTIFIERS and is able to see that market makers CARRY THEIR POSITIONS OVERNIGHT IN VIOLATION OF THE FAIR MARKET MAKING REQUIREMENT and do not, as a whole cover their positions before the end of each trading day. This is a clear violation of Regulation SHO and Fair Marketing Requirement and neither FINRA nor the SEC have consolidated the tape of all 14 exchanges. They plan to do so but have not yet. So they can't see what is happening and are flying blind. This is all important because recently, the U S Supreme Court ruled that companies that have had their shares traded in violation of Federal Regulations can now file law suits in State Courts and no longer need to file in Federal Courts. A slew of law suits is being prepared for State Court filing of SHO violations.
WAKA: This morning's Press Release took care of most of PRHL's debt. I beleve the balance of debt is $600,000 now. This conversion also reduces the interest debt burden. It is my understanding that an S-1 is in the works and an uplisting to NASDAQ will occur after a reverse split. I also think the time frame is a lot shorter than you believe. PRHL completed its business plan in 3 years and the Company is now almost debt free. When the retail customers for deregulated energy get inserted into the energy supplier-distributor accounting, the revenue and profit figures will be astounding. Everything changes at that point and it was every bit planned that way. I also believe all the money necessary to reach that goal is available. How could you ask for more. I don't think I'm reaching for I'm basing everything on facts. One final thing. The Lexington matter last year put PRHL back one year in its development but now that's behind us. Onward and upward with PRHL, Doc said so.
Press Release puts more clarity on up-listing with conversion of most of PRHL's debt to equity. The little debt PRHL had, $1,200,000, is converted to equity. This is indeed a strong move. Debt holders had to be confident of the future to accept that conversion. This AM's opening should be strong. With the squeeze trigger price at .131, things could get interesting.
WAKA: I think the plan is to do a reverse split the stock when it reaches .40, and an S-1 and then an uplisting. I don't think the requirement is 5.00 but a bit lower so a reverse split of 7 to 1 at .40 should suffice.
Homebrew, Your kind smell to the high heaven. Why don't you cite facts. Who is pumping and who is dumping. Shorter like you spread garbage all over the message boards and your agenda is to scare in selling. Well let me cite to you some statistics I just received from a paid service I have. It's called BuyIns.Net and it sends to me daily the short activity of the stock I am interested in. Here are the figures for PRHL
Since 2012 there has been a cumulative short total of 38,214,843 shares.
Total volume traded since 2012 is 97,150,035
Percentage of the short volume is 39.34%
The all important Squeeze Trigger Price is 0.136
The dollar value of the shorts is $5,205,545
The current existing shorts position is probably around 18 million shares and this accounts for the buybacks since 2012.
Today's volume before the market closes is 502, 202
There are shareholders selling but I won't know the percentage of shorts today until tomorrow early AM.
Be patient and PRHL will reach .35 to .40 in preparation for the uplisting on NASDAQ.
It has not registered yet how big the acquisition of an energy supplier is for the overall growth of PRHL. The Power Company could only realize commission income on each new client contract that it added to its portfolio. 200,000 client (contracts) could only recognize commissions on those 200,000 clients. With the acquisition of an energy supplier, the dynamics of accounting all change. Now PRHL realizes the entire sale from energy supplier to retail energy user. Revenues increase 7 sevenfold, and profits more than triple. The entire transaction from supplier to user is recorded in PRHL'a books. The projections for 2016 and 2017 look like lottery numbers and they are hard to believe but true. When Wall Street finally recognizes this small cap company is growing exponentially, PRHL will go to the moon. In addition, PRHL is gearing up for an S-1 registration to be listed on NASDAQ and you know that NASDAQ has a minimum price listing. What do you think is going to happen now. I believe what I am printing and I bought PRHL to the max. Wise man or a fool, you will know soon enough.
All hands on deck and listen to this one.
Yesterday's trading volume was 1,146,292 shares for PRHL.
Yesterday's Daily Short Volume was 696,142
The average price of the shorts was 0.083
The Shorting percentage was 60.73%. That is not a misprint.
The volume at the offer was 693,722
As Tom Ronk put it, "this is financial warfare"
Since I have been tracking the trading on a daily basis, I have seen the tactics change and the shorting market makers watch the activity like a hawk and they are fully aware of their problem.
There has been a cumulative short position since 2012 of over 34 million shares and that translates to a current existing short position of 18 to 20 million shares. This lower number comes from the buy backs by the shorters and that number is only an estimate.
The current squeeze trigger price for PRHL is 0.1371 and that number may have dropped in the last few days but it is close.
Bottom line,jump in with both feet because this baby is going to go higher and higher and I hope it ends up on the moon.
The latest Press Release is the finest report I have read about PRHL. It is complete and covers every aspect of the company and its operations. I think this article will propel PRHL to new heights. Be sure to read it and forward it to investor friends.
Secondly, my BuyIns.Net report exposes what is going on with PRHL.
Yesterday the total volume was: 967,748.
The Short Volume was: 549,183
The Short Volume Percentage was: 56.75%
The Average Price of Shorts was: .080
This is incredible but true and the shorts have done this for 3 years and there is no way out for them. The current squeeze trigger is about .1371.
Watch what happens as the price starts to increase from here.
Support PRHL even if your buy is a small amount. It sends a message that interested buyer are waiting. As Tom Ronk said;
"We are in a financial war" No holds barred.
Stay tuned, the party is just starting
Today's volume ended up with just under one million shares. Up 14% at .083. I'll know in the AM if there were a lots of sellers or just a lot of shorting. My subscription of BuyIns.Net is really a worthwhile subscription and leaves me no doubt what is going on. Today, a 700,000 share offer by NITE remained on the board but later disappeared. I know some people who were eyeing that offer but never got a chance to pick it up. With the daily volumes picking up nicely, I expect a steady increase in daily volume and then a breakout upward. Now all we need is for the Warriors to win the NBA Championship and the US Men's Soccer Team to beat Ecuador.
First three hours of trading has produced over 600,000 share volume.
It would be real good if PRHL could close at .10. All it is going to take is some aggressive buying and if the news keeps coming out all positive, there is no reason for PRHL not to close up strongly.
The microcap conference went very well and the interview line after the presentation was very long. Not to change the subject but I think today's Press Release is what we all have been waiting for. PRHL has signed an agreement with Linear Capital Partners to up-list PRHL on to a major exchange. That should say it all. Read about Linear Capital Partners and you will realize this thing is taking off to the moon and very soon. I can't wait for today's opening. There should be good interest now. The good news keeps coming and coming and I love every bit of it.
Not one but two Press Releases this AM. Both releases are substantive and project large increases in revenues and earnings.
The Power Company is showing its quality with such high retention figures. I also happen to know the E-3, the energy efficiency division is rolling along high speed and very active acquiring business. How could it get any better. One negative is that the short sellers won't give up and yesterday the short selling volume was 50.7%. That isn't a misprint. Over 50% was shorted. What are they thinking? This stock should be in the .30 to .40 range right now yet it struggles to hit .10. Time to reload and pick up some more shares before we hit the squeeze trigger price.
Yesterday, 6/7/16, the trading volume in PRHL was 60,987.
The shorting volume was 30,950. That is a short percentage of 50.75%
This has been the pattern for so long that something has to be done about it.
PRHL has had some days of shareholder selling and that is understandable but such consistent shorting is out of the question.
I would like to see what others may suggest before I give my opinion. There are numerous approaches to this problem but I don't know the most efficient or expeditious approach PRHL shold take. I have the two and one half years of records of the daily shorting and the cumulative total currently since 2012 is 34 million shares. The current real number of existing shorts taking into account the buy backs is about 17 to 18 million shares. That still is a large number and something should be done about it.
Stef07: Go yo Yahoo financial and get a quote on PRHL. Under the quote are all the Press Releases from News Wire.
Another Press Release this AM shows that management isn't sleeping on the stick. This should add fuel to the fire and give momentum to the upward climb. That squeeze trigger target is still my hope for a brighter future.