Not Investing In real terms "investing" in PSN stopped a long time ago. What's left are the day traders and gamblers. Good luck to you all. PSN is cooked and won't be around as we know it today. The board needs to look for strategic options and look for them quickly. The trust is broken and will never return.
People will read about this in case studies in the future as to what greed, manipulation and most importantly mismanagement can do in the stock market. And let's not forget about the regulators. There hands are bloody as well. We need a national regulator with teeth.
There is a major difference between gambling and investing. In the beginning buyers thought they were investing in a good company. Management has screwed this up royally. All that is left is for the gamblers now.
Not releasing this info to allow for tax loss selling is a huge manipulation by the managemt and the board. Shame on them!