This means that:
1- All the shares sold short out of the 95% have already been covered (and there must be some shorts or where all this volume came from?). Was anybody forced to cover during the past 3 days?
2- Then the now-complete and deductible 95% has been removed from the market and deposited in PAIM's treasury and no longer available for trading so only 453 million shares are remaining.
But this is simply not possible. It seems the number reported on PinkSheets.com is what is supposed to be and not actual situation at this moment. I have a decent chunk of pre-buyback shares and could buy more if TDA allows it and I really would like to see PAIM run but after a year of experience with their wrongdoings and faulty actions, I've learned to think twice about anything that PAIM reports and take their press releases with a grain of salt. If PAIM's stock market situation in terms of the real number of shares available for trading does not support their targets, simply it will not work as desired no matter what they report. Supply and demand speak louder than PinkSheets.com and no matter what PAIM reports to PinkSheets, if the market number do not reflect it then it will have no real effect. And by the way, I'm not looking for spikes, being long means looking for steady and consistent uptrend supported by good management and production. PAIM should tell us exactly how this was implemented and how we have practically reached the 453 million shares in just 3 days, not just by reporting the new number to PinkSheets to show it on their website. I hope I'm mistaken after all, it's just how I see it now.
Your money, your decisions.
