I know I argued about the unfairness of insider trading, but this has nothing to do with my sentiment about the company.
Buda, time will tell, but I think you have this one wrong.
The pull-back has been minimal compared to the rise. It is showing no signs of a p & d at this stage. In fact, with the possibility of a working prototype announcement to be made at any time, any weakness is being jumped on and accumulated, as we are seeing now.
In the absence of bad news (such as problems with the prototype, or sudden over the top capital raising), then this share is well and truly in speculative, blue sky heaven. And in this market, that can take the share price to hugely unexpected highs.
Your 'newbies be careful' line should be placed on every ASX share, especially at the spec end.
Milesy
PSY Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
