PPT issued a substantial holding change notice today showing...

PPT issued a substantial holding change notice today showing they have offloaded about 3.3 mio shares.

Relative to the selling style of PPT I made the following post on the MCP thread on 30 April (PPT had been trashing that stock as well)..............

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Back in February, relative to PPT selling, I posted:

"My observations of PPT over the past several years is that for any stock they want to exit/reduce they issue a sell order to their broker "at best". (after all it's not their money!!)

The trick is not to be swayed by their fire-sale selling, but more importantly just sit on the bid - their broker will give you a gift eventually.

Sad fact is that the PPT operating style is so obvious it is criminal (if you have funds with them)."


For those that were brave enough to hold and/or buy in the face of the PPT selling, well done. Based on the latest guidance I feel there is room for the s.p. to get back to around the $2 level.
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(When I made the February post (post 3783208)
PPT had pushed MCP to 30c. It is now $1.44!!)


Raise the issue of PPT sacrificial selling style as there may be a bargain to be had with SKE. Albeit I get the feeling they have not finished selling yet, so maybe a case of picking the right time.