Elite Swing Trades

[Dobie Lama]

PAL- Guess the company doesn't care about the pps right before a shareholder meeting. Wonder what monday will bring.

T

he PPS gained 50% in 3 days but the second it pulls back it's dilution. I would say it looks more like profit taking and normal trading but it appears that someone is taking this dilution thing personal. Let's look at this objectively, a gain of 50% on 44 million shares vs. a pullback of 11% on 13 million. Please explain to me how you arrived at the conclusion this was dilution when the PALL chart draws a very similar trading profile. But you could be right as it would make perfect sense to drive the PPS down as far as possible right before you ask your shareholders to vote on additional dilution.