PHI Group Inc (PHIL)

[stockrockin]

IMO they have been shorting this since it ran to .01. In way too deep to get out now. Their only hope was for PHIL to go out of business. That was their plan. Like with amc, PHIL shareholders saved the day by not allowing the price to go back to trips.

If they allow price to go up, puts them too far in debt. If they try to bring it down people buy more.

Their only hope now is Henry doesn't meet requirements by September and that they don't get margin called by then.

Probably why market is bloody red today. Certain mm's have to keep selling out others to keep from getting called.

Think about this, If Henry bought back shares, these people are REALLY in over there head because PHILSTERS aren't selling.