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M4753

853 Posts.

26/10/14

10:51

Post #: 14182503
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Originally posted by ash kumar ↑

This is my view alone based on reading material available on PSY notice board and others

Firstly, PSY MEMS technology is long way away in reality. Though it is so tiny but it is taking PSY and its mentors in UWA so long- one year on since PSY put out presentation in US, and this concept is nearly three years old when it was first published by an UWA research team.

One leading financial analyst said on ABC business program long time ago-'investors love this stock so much' This means PSY simply can not be analysed using the normal financial analytical tool. In my view, financial analyst was very respectful to investors sentiments.

I wonder, why it is taking so long? Why this concept was not taken by US tech leading companies when it was first putout in the US.

The fact is that we have not seen any product yet which can perform all functions as outlined in PSY presentation in September 2014.

When SP priced in for a real product and, PSY can not deliver real product in real time then , this makes me wonder why so many smart investors could go wrong. See SP movement $0.50 to $0.315. Certainly, some made a lot of money and some lost a lot of money on simple paper based presentation without real product.

PSY endeavours would mean nothing but a lesson for all investors to believe in when real product is out.

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I totally agree with this, good analysis

PSY Price at posting: 35.5¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

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