PPHM will most likely drop to the $2 range for Friday to minimize/eliminate options payouts, I agree. Right now we're seeing a little bit of action to appease the TA followers. Then the shorts will come in tomorrow and Friday to take care of those pesky options. Peregrine will not upset the applecart by releasing news on Friday. They will wait until Monday in the least (if there is anything to release). I believe management is finally catching on to playing the WS game. Sadly, those excited about today's run up will get burnt for a short time. I'm tired of these games...
"Last thought is that PPHM knows a lot more then they are telling us and plan to release more information in order to stay clean. Doing that prior to awarding themselves options or the next big conference would make sense."
____________________________________________________________________ Would make sense to you and me, but, that would raise the pps, don't think they want that prior to their award. JMO