$PSGR A return to the doldrums /OR/ a pregnant pau
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Posted On: 03/21/2017 8:48:08 AM
$PSGR A return to the doldrums /OR/ a pregnant pause? Doldrums???? While 5 cents per share is not encouraging, share price could have taken a big hit and returned to 2 cents OR less. This alone is a good indication that PSGR is not, SO FAR, repeating its historical past of a little time up and a long time down on share price.
Pregnant Pause??? Tough one here. Relative to prior months, there has been a large number of shares traded (prior to the past 3 or 4 trading days). Investors can sit this one out for a few days to determine if interest in share purchase will return. Note that 'a few days' will dictate the direction of this stock. Allegedly, (or at least according to Press Releases) a lot is happening with Corporate Pershing Resources. If the prior weeks volume and share price increase are an indication of excitement on the part of investors, the excitement should carry over and begin anew. One can hope that THIS WEEK's Volume & Share Price is the catalyst to get this puppy barking big time. One can also hope that by the end of next week, share price will increase AND volume will dramatically increase AND continue to increase each day.
Another 'Time Will Tell' PSGR Moment that investors can hope for Good News but, as always with PSGR, brace for the Bad News. More precisely: Investors must separate the Pershing Resources BS from the obvious. The question always remains: What has Pershing Resources done over the past 20+ years that instills confidence in the investor? Many of the long term investors know the answer to this question.
Pregnant Pause??? Tough one here. Relative to prior months, there has been a large number of shares traded (prior to the past 3 or 4 trading days). Investors can sit this one out for a few days to determine if interest in share purchase will return. Note that 'a few days' will dictate the direction of this stock. Allegedly, (or at least according to Press Releases) a lot is happening with Corporate Pershing Resources. If the prior weeks volume and share price increase are an indication of excitement on the part of investors, the excitement should carry over and begin anew. One can hope that THIS WEEK's Volume & Share Price is the catalyst to get this puppy barking big time. One can also hope that by the end of next week, share price will increase AND volume will dramatically increase AND continue to increase each day.
Another 'Time Will Tell' PSGR Moment that investors can hope for Good News but, as always with PSGR, brace for the Bad News. More precisely: Investors must separate the Pershing Resources BS from the obvious. The question always remains: What has Pershing Resources done over the past 20+ years that instills confidence in the investor? Many of the long term investors know the answer to this question.
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