NEXT STEP While I do own a small position in PSN for the dividend I would note the following:
They started out being heavily hyped which in reality is never a good thing. Always better to own good companies that are not well known yet.
This was so heavily shorted in recent times that the shorts were no longer allowed to borrow any more stock
The management was not exactly forthcoming in the last month or two regarding their financial and outlook status when asked by a number of different analysts - MGT INTEGRITY ISSUES ARE A MAJOR RED FLAG.
Prudent to wait for a few days - weeks and see how this falls out regarding management commentary and dividend status. The board should seriously look at the viability of the CEO and the CFO continuing - Its a matter of credibility and integrity.
Should hopefully know more about this position before the deadline for tax loss selling