Rarely agree with you but kinda do today. PSA has been shaking my 'faith in fundamentals'. Sentiment against them is too much. My waning conviction tanked when I admitted that beating market sentiment is beyond me and meanwhile I was missing other opportunities. Funds stagnating.
The announcement was released after my big sale in one of life's little ironies. Still - no regrets, only dabbling and never trade what I couldn't afford to lose. Somewhat clueless but still thankfully in the black.
If people have a longterm view and no time to watch the market for other opportunities, PSA may still be a good buy for them.
PSA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held