EASTERN TIME ZONE: I have followed PRHL very closely for several YEARS and I subscribe to a service called BuyIns.Net to cover the shorting that is going on in PRHL. On December 5, 2017, the total volume traded was 1,743,619 shares. Of the 1,743,619 shares traded 546,047 shares were shorted which equals 31.32% of the total volume traded that date and the shorted shares had a value of $15,289. This pattern has existed since 2012 (July) and PRHL has gone from $1.25 down to .06 in rapid fire. The total short volume has steadily grown to over 50 million shares in 5 years. Today the existing current short position is estimated at about 20 million shares. This estimate comes from knowledgeable experts and no exact figure is available. My opinion is that the current short position is so large and growing, that the shorters are making a very bold attempt to bury the stock in the subpenny level. Many many days show 100% of the day's volume to be shorted and other days very high percentage of the total volume shorted. The major drop in price of PRHL comes when there is lack of support. Without major revenues and earnings, the shorts can continue their program. It is also my opinion that until PRHL can show a major step forward in growth or some outstanding reorganization, there will not be any real support for this stock.
