There is a massive "correction" for all resource stocks the more speculative the harder hit
Market over reaction always allows a new entry point.
I believe there is still doubt about the China play however the potential for it to be bigger than PSA's GOM plays are very real. It will take another two months to find out for sure
Right now PSA is Australia's largest producer of gas in the Gulf of Mexico and is easily looking at getting even bigger (next years should be double this years
PSA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held