RE:RE:EBITDA is just a camouflage for a bad income statement ReadBuyandsell ,,,, let me educate you,,, the market already knows the losses and has long ago discounted the stock price to reflect those losses. Running around like Chicken Little shouting “the sky is falling” just makes you look ridiculous. everyone knows about the losses that’s why the price is now 10c. What shrewd investors are thinking now is “now that management has turned things around hadn’t I better get in at a rock bottom price before it goes up again”. Thanks for your interest and support of PHM. PS. I would cash in your shorts now. The pips are squeezed on this one.