Many thanks for your thoughts, JBC.
So far, that overhead resistance at around .98
has held PSA , very effectively .....
... your own foray yesterday, proved just how thinly
traded PSA is, at present.
How will the liquidity be improved in the future???
With such a good story, everybody will be holding
on to what they have already accumulated.
There's little point in making an issue to the
institutions, as they are not obliged to hold
PSA yet and would be longer-term holders
anyway ..... and PSA has no need of the extra
funds.
So what happens? ..... a bonus issue by the
company to shareholders ..... that might help ??
At some stage one or two of the Top 20
shareholders may be enticed into some
profit-taking ..... but that is surely a long
shot too .....
Your thoughts would be much appreciated.
happy trading all
yogi
P.S. ..... holding PSA
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