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Friday, July 17, 2015 11:29:01 AM
http://tinyurl.com/qyogyvu
That money flow divergence on the IBB with the price so far away from the weekly 200MA is massive. Not saying PPHM could not buck the trend if or when the "adjustment" takes place. I'd just like to see how PPHM holds up if such a correction was to occur. I've always thought that PPHM so close to a run would not be acquired so easily at these prices. I'm cautious of a possible massive shakeout in the entire sector which would be wildly demoralizing to many shareholders if they didn't see the wider perspective.
You kept me in this company a couple of years ago when I was prepared to walk away after holding for more than a decade. Thank you for talking me out of it after you answered a question with a pithy and no-nonsense response.
Sean
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