not a good idea. reason price is moving now is because insiders picked up more shares. they did not outright buy shares but got them as part of dividend interest. Either way it shows that they have faith in what they are doing and expecting pps to turn around by q3 and those shares will be worth way more than the interest on dividend.
As far as shorts not sure what is up pps has gone up to 0.37 without any significant attempts from shorts. Either not many shares are available to short or people are getting the idea that shorting is not a good move right now.
This is looking to be very similar to the run we had last year from 0.25 to 1.85. People attempted to short it hardcore in the .50-$1 range and they got burned big time. This guy tim sykes lost 30k or so if i remember shorting peix last year.
Soon as pps catches fire shorts know there is not much they can do. Buy sentiment will be insanely strong. Big boys that sold out will gobble up any short shares thrown at them. Especially since peix is oversold
I respect you Anti so all I will say about the subject is series B holders are the insiders who preferred getting payed in cash. Lest time they took the deal PEIX starred reporting management buying shares on the open market and the stock jumped.
I wanted to set a buy order for 10K today, but i did transfer my money to my old broker, so I now have to wait allmost a week to get my money back...Crap!
(on the other hand, I promised my wife not to invest more then the money i've invested at the moment, so maybe it is a warning from above not to invest more ;-)
News 
Market Data 
Discover 
AI
