As I've stated before, mgmt is letting the friendly short accumulate. It could be BP with the help of a hedge fund. Hopefully there will be a happy ending to this story. The situation is similar to SNIC in that a heavy short position developed at the same time institutional interest increased. The exception was that SNIC mgmt was not part of the carnage. PPHM mgmt knows what's going on and they are not doing anything about it. All imo.
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