PHI Group Inc (PHIL)

[stockrockin]

Shorts trying to cover and fomo buying. As far as selling. Could be fake sell offs trying to get retail to let loose. retail taking profits, or "the company" making some money on shares that were bought back earlier.

A problem is the volume ... I'd like to hear the excuses people come up with for so many shares moving around. Remember shares have not been retired and can be put back on the market. (Possibly)

We must remember buy back expires June 30th.

Right now one can make an assumption that "The company" was given all shares (fake ones) they wanted for buyback and those who gave them figured they would get them back through manipulation.

So let's just say "The company" has those shares. IMO pps would have to climb to around .05 at min. before shorts could possibly be covered. Est. 4 - 5 billion in fake shares.

Extremely hard to say given we don't have buyback numbers or if it has even happened. However, keep in mind there is no possible way this pps gets to this level without Henry holding shares ...Just my opinion.

But with all this said... If this gets to .03 - .05 and then starts to fall off quickly one will have to make a financial call. Everyone's situation is different along with their risk tolerance.

Like always just my opinion. Personally I will be skeptical if buyback is extended and my group will probably withdraw until current and numbers are stated. But again our situation and ability to get back in at any pps is different than others.