Interesting numbers I just received from my subscription of ByIns.Net.
From January 19, 2012 thru December 31, 2017:
Total Volume of PRHL Traded: 138,466,485
Total Volume Shorted: 50,950,669
Percentage Shorted: 36.80%
Squeeze Trigger Price: 0.1181
Value of Short Sales $6,017,963.00 Potential Profit for
Short Sellers.
Educated guess: 20,000,000 share short position exits currently in PRHL (no way to know exact number but this is experts number. There have been buy backs and that reduced the total shorted number down to the estimated 20,000,000.
It is going to be real fun if and when the short squeeze starts and it is going to take some very positive news to pass the squeeze trigger price of 0.1181. Good news and high volume can accomplish the job. Two and three million shares traded per day will occur when shorts start to buy back.
One final gem: PRHL attorneys are aware of these numbers and are taking steps to honor only Beneficial Shareholders if a dividend is issued.
