You are correct about the avg. pps not increasing over the past 2 weeks. I indicated approx. 2 weeks ago that the chart was showing a sideways pattern. One thing that has remained the same is the rising pps support level or at least a maintaining support level.
It is not important that the rice go up every day as that would lead to sell offs which is not what is wanted.
If in fact the support level stays in the same range and the MM short volume continues to remain low then eventually the buying power will outweigh the selling power which should lead to an increased pps.
Not definitive statement but based on what I see the target of .023 in a near short term is attainable.
I don't think the news release today (fluff as you stated) really increased anything other than the typical volume that we have seen, If it was fluff sentiment buying I would have expected a substantially higher volume today than what has passed through the market today.
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