While I am more skeptical than you about the new CEO, I do believe the PPS will rise. I just looked at the L2 and wow, HFBG has some serious bid support and all of the MMs have moved down from 3 to the current ask of 2. If I know anything, I know the MMs know before we do what is going to happen. The wall at 2 is small in dollar amounts. If HFBG was not chilled I am sure this would already be at 3 or 4! Here is hoping that this CEO is better than the last two!