PRHL had a rapid rise from .0475 to .097 in two trading sessions.
On the third day (yesterday) PRHL traded 1,156,336 shares of which only 237,415 shares were shorted (a low percentage of 14.28%)and the remainder was real shareholder selling. In my estimation, these are fools but that is how things go. These are the investors PRHL doesn't want. Goodbye and don't come back. Nothing but good developments in the Company so I am going for the long ride upwards. That upward slope is not going to be a straight line and we will see crests and valleys all the way up. The target to look for is PRHL at .1373 which is its squeeze trigger price. When that is reached, we should see a rapid accent to .17 and on to .25. My analysis is that PRHL has several short players who are in real deep into their short position and they are reacting to this appreciation of stock price finding it hard to get out and the inability to knock the price down is becoming a reality. Interesting dynamics in play. Since 2012 PRHL has a 34 million share short volume. Today, it is fair to say the real existing short position is 18 to 20 million shares. The difference represents shares bought back by the shorts.
