Replies to post #20201 on PGI Energy, Inc. (PGIE)

[mrpickem]

here is a link where you can check the short volume

http://regsho.finra.org/FORFshvol20110915.txt

9-15: over 2.5 million shares shorted, over 25% of the total volume

9-14: over 29 million shares shorted, over 54% of the total volume

9-13: over 15 million shares shorted, over 70% of the total volume

Look at the PR posted on 8-26 our short volume was 83312700 on that day alone over 43% of the total volume.


CAN YOU GET THE PICTURE NOW??

What I have noticed is that the short volume over the last few months has been a good portion of the total volume even going as high over 70% of the total volume.

IMO, this is why the PPS is where its at right now. Not from dilution, not from the mishaps of management and the cancelled contracts. Its from the stock being shorted, its as simple as that. The key to the turn around is to not give the shorters any ammunition.