senrex, Wall St sharks only bite when the prey is healthy.
With PR of Sept 21th 2012 and the CA PPHM is NOT healthy for them. They do NOT go in detail of every stock (there is 10 thousands on the US markets alone. So for them at this moment:
1) The is a CA appeal pending (they probably don't even care if PPHM won this 3 times in a row before, for them the judge/jury at EACH verdict may go every way. It is a RISK for them since they can get in if the CA is gone.
2) They do NOT lock up money as we investors do over long periods. They will prefer to pay a little more but be able to use the money for other investments while PPHM lingers side-ways.
3) They will have know about the does switching and possibly (and to believe the CA at least one) some of them lost money that day and they will not easily forget it. So this time they'll sit it out until something is more concrete.
4) Some like Blackrock DID have someone look into depth in PPHM and assessed it OK to wheel 6Milj shares on-board. That is closer to what we do here, we know the trial was INTENTIONALLY SABOTAGED and hence we know the value of the PII.
5) The public DOES NOT know PPHM. Is that in contradiction with the large number of followers of this board? No, even if there would be 1 milj following us here the statement would still be "The public doesn't know PPHM".
So yes, many sharks in Wall St but clever sharks. All the other trading now, and the little boiler room boys or hired artists that is pre-play. That only holds in low liquidity, when there is no interest and no masses to swing. It needs coordination. That is not Wall St, that are the wouldbe Wall Streeters that may play until it is decided they played enough.
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