PPS is telling us dilutions are happening faster than new buying. If the CC had something really great to say it would trigger buying that excels dilutive additions to the float, watering price down in the process.
Should we be concerned that price is working it's way down, instead of up? There clearly isn't anything to hang your hat on in the Q2, CC, or Zacks pump job. PPS tells you virtually everything I just said.
I'm long, before you tell me to sell and move along because I think there is "potential" somewhere down the road. But, it still bugs me that they haven't released any real news for a very, very long time. And the market is on "hold", telling them "show us more, we need to see more".