Its simply criminal... but its seemingly allowed across the broader market so our little Peregrine is not immune to this financial cancer. The major push down at the beginning of the morning are simply reserved shares that are part of the bigger bear pushing down and they hope to flush out additional weak hands to push the pps down even further. Its an easy money making day for them with this type of swing and profits that can be taken for a .30 - .60 swing and IF they have more shares they are willing to throw out to try and push even further down it can be done but I hope it doesn't work out for these shorties!
I hope Peregrine has someone writing a nice PR at this moment and send her on out to the presses at 12:05 pm right as lunch is beginning. Longs will perserve... I should say the "science" will perserve!
Peregrine Perrenials... hold your ground! ... wheres the captain with the rifle when we need him... : )
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