piss poor weekly performance, page-2

Sushi,

I have never been enamoured by the PSA story to the the magnitude of others here at HC and Sharescene.
However as an outside observer of the PSA story it would pay to dislocate emotion and I think apply a bit of long term charting/share behaviour to the PSA fundamental story.

PSA to me is a classic stock where the positive fundamentals keep building and building whilst Mr Market gives nothing. Unfortunately PSA tends to target small exploration targets so there is no single large step change in underlying assets that typically comes with a large discovery. PSA is gaining wealth by stealth.

Forget poor company marketing, manipulative trading patterns, one day there will be a significant trading day PSA will jump on heavy volume, and will it do it several days in a row.

There has been an opportunity cost (and capital cost the share price has actually gone down over the last 12 months) to invest in PSA. But dont get suckered into thinking it will always be that way.

Stand aside and wait for the moment. The market will tell you when.

AMU was like this for a long time. Have a look at their chart over the last 2 years.

I dont hold PSA, and dont plan to.

acturtle