RE: Poseidon Concepts: Storms Ahead Nothing new in there at all. We have heard everyone of these issues before. High margin can't be retained over time, competition, potential accidents or leaks, one trick pony, and racking and environmental problems.
This guy obviously is in the half empty camp (may be totally empty according to the PSN zealots). To me investment is about taking chances. Risk = Reward in this game. As long as we know what you're getting yourselves into, that's it. Right now PSN is the trailblazer playing catch me if you can. If you want to jump ship be my guest. The last I check GIC are very safe but only pays about 2% a year and you have to shop for that exuberant rate as well. LOL.