At last there is some interest in PSA and no wonder with gas prices in the US heading for $6.00, an all time record profit now clearly in sight for 2003 (they work on a calender year basis), and the best drilling program of any of the oilers coming up in Vermilion and China within the month. No wonder people are starting to get excited.
As for it being a traders stocks, there just isn't the volume to justify that statement Graham, sure one person can play around with the stock when only 100k are being traded daily but give it some volume and it is less easy to manipulate. Not sure why anyone would want to dothat any way.
And I know 2 top 20 shareholders who have no intention of selling when no one is looking. I am not letting go of my core holdings until we are well north of $5.00, and don't think that can't happen!
PSA Price at posting:
0.0¢ Sentiment: None Disclosure: Held
