PSA 0.00% 2.1¢ petsec energy limited

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  1. 100 Posts.
    1bp I share your concerns but wonder if we,the loyal ones, are causing the problem? We hold on to our shares,knowing that the company should continue to prosper during the next few years at least.
    However,the traders know that PSA regularly comes up with good news so it's an easy way of making a quick 5 or 10%.Perhaps much of the selling is by those who only want to hold for a short while?
    I'm just guessing, of course,cos I've no way of finding out if insto's are involved. If they are selling it down,then that's a concern.
    Take heart, the traders will get caught sooner or later with PSA - like I was when I took a small profit on GRR at .26 and now they are $1.66! GRRR!!
    ,
 
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