What we have are several groups of investors here... Those that hold PP stock and wts, those that hold paper bought as the stock moved up, those that bought recently and then there are those finger traders.

As the drill results are revield it is drawing investors into the play, some for the run up... and have doubled of tripled and they moved on.... some with PP paper have sold some or all of their position have exercised wts and hold their comfort level of position... all of these require new hands to hold that paper... Seeing the funds come in like Cormark is very encouraging as these guys know value...

When the daily price was volitile it also drew in the finger traders... buying and selling multiple times each day... These were the 10 million + share days...

Over the past days the volitility has reduced and what we have left is primarily the true investors taking their postions or selling a few..... likely wts finding new homes.... This is additional paper that was not in the float now trading, thus net new buyers of the stock... very enouraging as the volume is still very good and the stock price has not come off too bad.... $3.60 is a very hansom price considering where we were trading a month ago..

I figure the bottom will be about $3.00... a point where it will be compelling for some of the investors that sold , to buy the stock back..JMHO