He hates SGI - why would he give them the satisfaction of "dumping" at a higher PPS. Of course, JP will release news when they are done selling. (Almost - won't be long now)
The news I am looking for is cancellation of rights offering and then expansion 2-3 days later ;)
Interesting timing that the rights offering comes out just days after SGI begins their dumpfest. If ever they wanted PPS to fall for someone(s) to load up big before great news - couldn't be better timing IMO.