38 Institutions have sold out or reduced their holdings, the percentage of the total outstanding shares is also steadily falling and is now below the 5% threshold of significance. Major shareholder Polar/North Pole dumping 12 million deb/share block Friday adds to the significance of the delayed/ impending news release. They know it's not going to be good for the shareholder. Broker trading machines and software programs are successfully exiting their clients positions onto poor little PAL retail folks, who are going to get burned terribly Thursday.
Institutional Ownership 4.46%
Total Shares Outstanding (millions) 387
Total Value of Holdings (millions) $4
6 - New Positions 502,123
15 - Increased Positions 5,482,888
14 - Held Positions 3,208,195
25 - Decreased Positions 8,547,993
13 - Sold Out Positions 6,530,700
Total Institutional shares 17,239,076
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Sentiment: Strong Sell
