Last thing about Upside123 Based on this morning's postings it looks like this guy Upside123 is still around. I had him on ignore already so I can't tell for sure. I assume by now he would have changed his alias and comeback as Son of 123, Upside456, Upside789, or Downside123 since that alias has been compromised. LOL.
Anyway, this posting is not about him but about PSN and the potential shorter attacks.
PSN is exactly the kind of company that shorters/hedge funds love to go after. It's a meteoric rising company and it also has a lot of uncertainties. I'm sure the real PSN investors are already fully aware of the pros and cons of the company and no need to get into them again. This would normally make them a perfect target of the market vultures. What really protected us is the hefty dividend. In this climate of economic uncertainty investors all flock to dividend yielding stocks. The utilities are being bid up to unrealistic highs, actually making them better shorting targets than PSN.
Anyway Upside123 is the by-product of the shorting industry. I have no problem if you feed over dying companies. However, hedge funds are getting to be like two vultures perching a desert tree saying "patience my foot, I'm go to kill something". A lot of the market turbulence is caused by these vultures trying to generate artificial kills for profits. PSN, if they can crash it, would be a big one for them.
As to the traits of a basher, they always disguise themselves as concerned investors telling half truths (which after all are the best lies). Just ask yourselves this question, why would someone join the SH yesterday be expressing concerns about PSN without a single prior posting? Does that not seem strange to you?
Enough said on that.