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  4. Pershing Resources Company Inc. (PSGR) Message Board

PSGR....PATIENCE....MY OPINION....share price has

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Post# of 1537
Posted On: 04/10/2015 12:00:02 PM
Posted By: Hill411
PSGR....PATIENCE....MY OPINION....share price has steadily increased over the past few weeks. The BID/ASK has been a bit convoluted at times. Question: Assuming that the ASK price is not grossly inflated, other than a quick flip with a relatively small return on investment, why would someone sell at a so much lower than ASK price for PSGR? I believe that some very long term investors have made some nice profits with the current share price BUT the stock continues to rise each week. I understand that one penny in share price can be quite attractive to those who have held the stock for a considerable time frame. I also understand that many are further Risk Avoidant. The fact remains that PSGR has posted and continues to post significant gains for those with PATIENCE. Penny Stocks are inherently risky. The profits that xan be gleaned from some Penny Stocks can be staggering. I make no statement that PSGR stock will provide staggering profits BUT over the past month the share price has increased dramatically. I believe this is a HOLD stock and wait for the ASK price to ge reached instead of hastily dropping the price for a quick flip. For now, the longer you wait to sell, the better chance you will come close to getting the ASK price. Just MY OPINION....don't risk anything on opinions!


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