PHI Group Inc (PHIL)

[DD_dempsey]

Excellent post. $PHIL

STOCKS in the OTC are meant to be traded. One may keep a core position if they secured a great pps - all things relative - and very likely - they trade the rest based on chart channels and/or news events.

When you find one that is worthy of holding longer term- it’s usally made a sustained move that seemingly wont break AND- you likely sold what you needed to ensure that keeping the rest won’t hurt your ability to trade in the future.

I suspect that $PHIL is getting there. Somethings have gone shareholder’s way the last month and somethings have not. I have been a big proponent of $PHIL once management started to execute on their plans and I stand by my assumptions based on the DD at the time and still today. I don’t like the increase in share count to 123 mil —but I can’t say I didn’t realize it might happen reading the filings. Nonetheless- this appears destined to settle between .03-.04 pps - a very strong new bottom - before making that next move north many of us expect.