$PSGR... Maybe I am wrong. Something to think ab
Post# of 1538
Posted On: 05/18/2016 10:10:56 AM
$PSGR... Maybe I am wrong. Something to think about. MY OPINION... The Investment Firm, Blackridge, may have bet that the Press Release announcing their intent to invest up to $1 million would spur an increase in share price. I do NOT know when the 10 day window prior to share purchase approval takes (took?) place but there has been no increase in share price. An investment firm does not flush dollars down the toilet. In this case, either they bet wrong OR something more profitable is down the road. However, the question remains: Did they bet on a quick and profitable turn on their investment with a jump in share price OR are they seeing something in a company that has produced NOTHING of profit to the shareholders for 20 PLUS years?
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