this stock has been trashed for years, reason to why people are to scared to pump money back into this company because they have been badly burnt over the years which is understandable. The chart looks dreadful, but this could all be reversed, the past is the past, we now gota look towards the future.
But what investors dont understand is that this company is now run by a new group who are heading psd in the right direction, with proven recent deals (pfizer) and non dilusive raising of cash (considering how hard it is to do in this market) has just topped it off. This proves that they are capable of pulling of large deals.
When investors start to realise this, which might take a while especially in these market conditions there will be a sudden move in the sp, then continue its rising trend, as long as management keep the market informed regulary with new licencing deals and positive updates on there trials.
I just wish investors gave psd a chance, because in my eyes and im sure in some others psd is doing everything it can to regain the confidence of investors and they should be commended on this. cheers.
ps: this is not ramping, just clearly how i feel.
jase
PSD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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