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#1
05-10-2019, 09:27 AM
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You would have better insight than I, but it doesn't seem like a great stock to go long either.
__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading. 
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#2
05-10-2019, 09:34 AM
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It looks to me like it is running back up to the the top of the gap of $21.63 from February 7th last year. If it gets above that it could have legs. The stock got hammered in the fourth quarter last year on general market weakness and heavy tax loss selling but I am not a fan personally of buying a stock that has doubled in five months. Regardless this issue that has created many to be upset isn't going to change the direction of PSA.
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#3
05-10-2019, 09:47 AM
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__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading.
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#4
05-10-2019, 09:50 AM
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From their press release. Part of the growth in PCGS Bulk was aided by a successful Apollo 11 coin-grading program that generated thousands of these popular commemorative coins for submission. The creative packaging designed by the PCGS team helped raise our Q3 Bulk ASP over last year's ASP. "The PSA and PSA/DNA business set another all-time revenue quarterly record for the division and eclipsed last year's Q3 revenue by roughly $1.3 million, a 24% increase year-over-year. Based on the first three quarters of fiscal 2019, this part of our company is expected to close out its ninth consecutive year of top and bottom line growth. The PSA backlog remains at record levels heading into Q4. The Company is currently revamping our existing space to expand operational capacity, so we can ultimately improve the extended turnaround times facing our customers."
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#5
05-11-2019, 11:27 AM
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Suuuuure they are. Wanna buy a bridge in Brooklyn?
__________________
Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not...
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#6
05-11-2019, 10:20 PM
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__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading.
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#7
05-11-2019, 10:27 PM
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