PSD psivida limited

PSD is a stock which has disappointed so many holders.This said,...

  1. buddfox
    9,241 Posts.
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    07/11/07
    13:50
    Post #: 2979955
    PSD is a stock which has disappointed so many holders.

    This said, it has now found and forming a base...when drawing a line in long-term resistance (daily charts) it will take positive news to break this downward channel and begin its move back to 20+cps.

    Company fundamentals have turned (read most recent quarterly report) & is now back in black...I would say that the problem with this company is poor PR, NOT poor fundamentals.

    I hold.

    regards,
    PSD Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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