$PSGR Oct 1, 2018 No news is, well...NO NEWS.
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Posted On: 10/01/2018 12:23:35 PM
$PSGR Oct 1, 2018 No news is, well...NO NEWS.
Realizing that PSGR is only a PENNY STOCK and that nothing truly profitable for investors has occurred over its TWENTY PLUS YEARS of existence, investors should take not that the LAST Press Release from Pershing Resources occurred almost two months ago.
The August Press Releases suggested that the new association and the teaming with Don McDowell would benefit the company by providing a hand-on management team that would work to develop the clams/mine site near Kingman, Arizona AND start the ball rolling for the TWO claims in Nevada. The Kingman, Arizona location has been around for quite some time. The earlier Press Releases from Pershing Resources indicated that a pilot plant would soon begin small batch operations. NOTHING! Over two years have passed and NOTHING!
Keeping in mind that PSGR is ONLY a PENNY STOCK and extremely HIGH RISK for an investor, at what point does the investor sell off everything and lick her/his wounds? At what point in time does a potential investor look at the TWENTY PLUS YEAR HISTORY of Pershing Resources and decide that the PENNY+ PRICE is too much for this stock?
Think about this: IF a long time share holder becomes completely frustrated with this PENNY STOCK and elects to dump his/her shares, the share price will remain in the toilet. If the long term investor has tens of thousands of shares, he/she can continue to sell shares at the toilet bowl price for weeks or months on end just to TRY to make a few cents back. The current sale of shares is moving at a snails pace. Even at 1,000 shares each sale each day, an investor with tens of thousands of shares would have to continuously dump shares over a long period of time. The length of time would dictate the dollar (actually PENNY) value of the stock.
No doubt corporate Pershing Resources is aware of this conundrum. INVESTOR FRUSTRATION with lack of information and performance has been an ongoing topic for discussion for many years. There should be NO surprises for corporate Pershing Resources. Yet the situation has remained stagnant for year after year after year. TWENTY PLUS YEARS of wandering in a circle with the same message: Something MAY, COULD POSSIBLY, PERHAPS WILL occur in the future. After the FIRST DECADE of NOTHING, the future was dark. AFTER THE SECOND DECADE, the circle remains in place.
ACTIONS AND RESULTS!!!! NO MORE BS!!!!!
Realizing that PSGR is only a PENNY STOCK and that nothing truly profitable for investors has occurred over its TWENTY PLUS YEARS of existence, investors should take not that the LAST Press Release from Pershing Resources occurred almost two months ago.
The August Press Releases suggested that the new association and the teaming with Don McDowell would benefit the company by providing a hand-on management team that would work to develop the clams/mine site near Kingman, Arizona AND start the ball rolling for the TWO claims in Nevada. The Kingman, Arizona location has been around for quite some time. The earlier Press Releases from Pershing Resources indicated that a pilot plant would soon begin small batch operations. NOTHING! Over two years have passed and NOTHING!
Keeping in mind that PSGR is ONLY a PENNY STOCK and extremely HIGH RISK for an investor, at what point does the investor sell off everything and lick her/his wounds? At what point in time does a potential investor look at the TWENTY PLUS YEAR HISTORY of Pershing Resources and decide that the PENNY+ PRICE is too much for this stock?
Think about this: IF a long time share holder becomes completely frustrated with this PENNY STOCK and elects to dump his/her shares, the share price will remain in the toilet. If the long term investor has tens of thousands of shares, he/she can continue to sell shares at the toilet bowl price for weeks or months on end just to TRY to make a few cents back. The current sale of shares is moving at a snails pace. Even at 1,000 shares each sale each day, an investor with tens of thousands of shares would have to continuously dump shares over a long period of time. The length of time would dictate the dollar (actually PENNY) value of the stock.
No doubt corporate Pershing Resources is aware of this conundrum. INVESTOR FRUSTRATION with lack of information and performance has been an ongoing topic for discussion for many years. There should be NO surprises for corporate Pershing Resources. Yet the situation has remained stagnant for year after year after year. TWENTY PLUS YEARS of wandering in a circle with the same message: Something MAY, COULD POSSIBLY, PERHAPS WILL occur in the future. After the FIRST DECADE of NOTHING, the future was dark. AFTER THE SECOND DECADE, the circle remains in place.
ACTIONS AND RESULTS!!!! NO MORE BS!!!!!
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