Hi GONEOM,
Funny, I just replied to an old post on the Seasonality board with an almost identical chart.
This PPHM called PPHM is absolutely pathetic. But if there is a bright side, since it's been around for years and years, it shall probably also survive this vicious downturn. Well, maybe probably is to confident of a word!
I still think that they will get this piece of utter garbage above $1 by January (whenever the six-month period is up for them to meet NASDAQ requirements). But with each passing day, that becomes more and more in doubt.
If this friggen POS pulls a reverse split (that 70 million addition to the shares outstanding voted on (but not announced as far as I know) makes me really wonder), then it is definitely done, and I'll sell on the first hint of an r/s.