Post by
inse on Mar 01, 2011 3:13pm
PSR is a POS - i'm out
You are absolutely right Shiva1968...
I sold this POS yesterday at $1.15 for a small loss.
I've been in and out of PSR three times now - made a little with the first two trades, but too much SP volatility involved. This third time around was appealing because the stock seemed totally oversold. In just over a month, PSR has fallen off a cliff from an intraday high of $2.90 on January 13, 2011 and currently trades at $1.10???
Looks like I caught the proverbial falling knife this time - don't plan on touching this one again any time soon.
Good luck to you.
Comment by
baman on Mar 10, 2011 7:37am
PSR might have a hope,PNS and CN are drilling next door to Polar Star in Chile and apparently its a hot property.So,keep your eyes on PNS and CN.