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

PSGR....Looks like the 30 second society is back..

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Post# of 1538
Posted On: 04/29/2015 10:01:06 AM
Posted By: Hill411
PSGR....Looks like the 30 second society is back....MY OPINION: The BID/ASK first thing this morning has dropped. The decline is for no other reason than impatience.There has been nothing reported, suggested or implied by anyone that the true value, i.e. the gold assays, of PSGR has declined. The only answer for the share price drop is the 30 second society of investors. The 30 seconders are individuals who believe that a dramatic change must occur immediately or they change direction and seek a new thrill. Today's whamma jamma new car, smart phone, tv is just not good enough so they sell and get the latest and greatest....until tomorrow. The original investment is lost, the cost for the new 'thing' is exorbitant but that's OK because they are at the forefront of technology, fashion or finance. Only they always seem to lose more than they gain. PSGR stock is a prime example of the 30 second mentality. Gotta have it at any price, then "it's been over a day and nothing happened, so I am gonna drop it at any price and buy another stock that will be a winner". But the new stock will suffer the same fate. PSGR will bounce back and very strongly. The 30 seconders hurt not only themselves but others who have invested. The long term investor will ride out the share price decline AND be rewarded. PATIENCE


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