PAO Group Inc (PAOG)

[rca]

Do you think smart money is getting out of CCDE, or do you think that PT just issued some debt conversions on the stock? I think that he's printing. That explains the volume and it explains the price reductions. I just don't think he's pleased with the share price which requires he print more and more stock. Someone has to pay that $500,000 mortgage. Probably his Morgan Guaranty or the same old players.

He's issuing careful PR that says the mergers did not involve free trading shares. It doesn't state that no debt conversions were issued to people friendly to PT.