I'd like to know too, for what its worth that fwiw acronym has always bugged me too.  

I hear what tada and others are saying....and to extend my analogy its like this vehicle that I'm a passenger in, with Don constantly topping up instead of filling the tank.  Its like at our destination Don knows somonoe who'll see gas for just 10 cents a litre, where as en route its $2 per.  So if he waits til we get to the destination he can load up 100 litres for just $10 as opposed to paying $200 to fill up 100 litres on the way.  

It does make sense, but looking at our gas gauge is like looking at the PPS.  

I'm still convinved that the demand is there for shares....but its not dumb money retail demand, I'm of the opinion that there are smart money types who want in and that the shares simply are not available.  I don't believe L-II or the order book because with Icebergs and short selling I think what's shown is skewed.  Big players can show shares available that they don't have and hide the true number they want with an Iceberg order imo.

Nothing to do but wait and rant every now and again :-)

Merry Christmas all, it doesn't look like I'll be a millionaire when I get on the plane to go south in a couple weeks, maybe when I get back.  But I'm gonna be snorkeling, sailing, kayaking and swimming with dolphins during the day and taking in shows at night....I'm not gonna be checking.