I think the bottom has been reached.Prices back in oct. 2011 were beaten down by shorties and some unsubstantiated news then came up. Thats my bet.
I've watched this same thing happen a dozen times. More actually. Same line. The distribution will be cut. It is unsustainable. This is the reason blah, blah, blah, blah.... Then..... It isn't cut.
Listened to the same BS and sold my phk a few months back. Boy was I sorry.