RE:Back down she goesI agree that this stock has a histroy of running up, then coming crashing back down. It usually does that based on a few days of unsustained volume. This looks a bit different to me though. It has been over a month of 'higher than average' volume, and many shares have been put away. Daniel Marks, once the largest shareholder of PSP, has sold most of his stock and it looks to be much more widely held except for CEO Vaudry who has a substantial stake.
PSP is a highly cyclical company and relies on large gov't contracts. Buying has been down for several years now, but these vests have a finite life to them, which means they'll need to be replaced sometime. The big question remains "is that replacement happening soon?"
Either way, someone has been really excited about this company lately.
VeeP