operations update, page-6

re: operations update: jocam As I stated in my post: current sell. Maybe change to buy later towards summer.

The market sentiment towards PSA is shown by how low the market cap is compared to others operating in the USA. The market cap of those 16 companies you mentioned is probably several multiples of PSA's market cap and I'd would also guess that PSA has many times more income than them too!!!

PSA trades at a low valuation compared to to others in its sector and the reason I keep posting about is the poor PR and lack of news put out by the company. Plain and simple.

Uncertainty = low valuation.

Should the shares jump on news of the LA wells being good, I might buy more on the initial news, but I'll sell my position and then wait to buy back in after the shoulder season in the US.

I would rather not buy in advance with PSA's poor record of informing the market what is going on.

There are going to be some really nice buys in the US if the carnage of the last few days continues and most are looking for lower share prices in the sector.

This week's draw will look good compared to last year, but the next couple of weeks will basically stink.

Even though the spot price of NG should not matter to long term investors as the value should be placed on the total return over a long persiod of time based upon the value of the reserves, the share market in the US (maybe also Australia) has a bad case of short termitis and that to any investor would be deadly.