RE:How undervalued is PG ?To me looks like a large institutional seller unwinding a position over several days - Anon and CIBC have been dominating the sell flow. Could be because "they" want a more concentrated postion in I-80 and will participate in the offering? I'd be willing to bet that I-80 is worth a lot more than 10% of the value of PG and would therefore be using this relative weakness as a buying opportunity. Just my 2 cents.