Bullboard - Stock Discussion Forum Old PSG Wind-Down Ltd PSGLQ

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"Old PSG Wind-down Ltd designs, develops, manufactures and sells performance sports equipment and related apparel for ice hockey and roller hockey, baseball and softball, lacrosse and soccer. Its brands include BAUER, VAPOR, SUPREME, and NEXUS."

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Old PSG Wind-Down Ltd > Interesting to say the least

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Post by fep2009 on Mar 08, 2016 2:57pm

Interesting to say the least

So 42 million shares are still being held at 11-15$. I think I might just buy to see what happens lol

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Comment by Stars-Aligned on Mar 08, 2016 3:27pm

company seems fine, let's start with 20k shares

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Comment by mjh9413 on Mar 08, 2016 4:06pm

Interesting, yes, but that 31c reduction due to forecast sales reductions (in addition to the est 9c impact of Sports Authority) is just too LARGE!!! Sports Authority seems to be use Chap 11 to avoid significant costs of their re-org (store closings) but the letter on their website says nothing of their overall financial condition. I recall the recent lambasting of the currrent CEO and his ...more

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Comment by stockguy2015 on Mar 08, 2016 4:19pm

So what do you think this is worth? I agree with fep even with those numbers the shorts killed this today. Especially at the end of the day lol it should have never dropped that far. I expect to see a bounce back up as some of these guys cover and I'm sure current shareholders will average down

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Old PSG Wind-Down Ltd