Skidaddy: If the sellers know something you and I don't know, there must be others that know more than all of us. They came in and bought all those cheap shares today.
I am deep into a study of the current naked short position of PRHL.
I have compiled from SEC records the I & O of PRHL at various dates from 2011 to December 31, 2017. I am getting from the company a total number of shares issued by management for all reasons (144 stock) and that number is from company records so it should be very dependable. Add all of the issued shares to the I&O of 12/31/2011 and you have a real number of I&O as of 12/311/2017. The difference in this calculated I&O subtracted from the reported I&O of 12/31/2017 is the naked current short (counterfeit shares in shareholders position). How this comes about is another story but it has to do with electronic bookkeeping and non-verification of short trades.
If you want to read the whole story, look up Citizens for Securities Reform and read its white paper on Counterfeit Stock. What an eye opener.
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