PHI Group Inc (PHIL)

[stockrockin]

PHIL and my educated opinion. Obviously we all know what is going on with the meme stocks and synthetic shares etc. Which are generated when the stock is shorted. Something particular brokers etc are known for.

IMO Henry did NOT make any kind of deal with CDEL to buy back shares from them. It's a long story.

Why is CDEL holding 8 bil. shares and buying out other brokers?

Next, there is around 25b o/s we have already calculated with an easy min. amount retail hold of over 4b and that is ridiculously low because one can speculate probably 60% of share holders aren't even in that figure.

Henry wanted to buyback 15b or more as needed. IMO he already has them. Do the math... If brokers are holding the shares showing on charts others have put forth, it's just not adding up.

In summary... We are in the same boat as the meme stocks and hold shorted shares CDEL wants back. Thinking that PHIL would NOT do a buyback they got themselves into hot water just like so many other stocks they did this with. WHAT CDEL DIDN'T EXPECT WAS PHILSTERS TO HOLD SO TIGHTLY.

Again, just my opinion. Didn't say anything because this board likes facts and this has no way of being tracked that I'm aware of. However, something I feel should be considered.