April announcement is just speculation based on hope.
The management need to release something soon. As more shareholders get burnt, there will be less of them to push the share price to new highs. People will stay away if the share price drifts lower on no news. Furthermore, holders will get frustrated and move money elsewhere causing a further drop in share price. Its a vicious circle at the moment.
The demand for this stock has truly dried up.
PSY Price at posting:
8.2¢ Sentiment: None Disclosure: Held
