“Activist” PSA Shareholders Seeking Board Shakeup

[todeen]

I read the letter and was shocked they didn't say diddly about cleaning up PSA image of collaborating with known fraud artists. You'd think that a cleaner image would help create investor trust.

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[Bigdaddy]

Originally Posted by todeen

I read the letter and was shocked they didn't say diddly about cleaning up PSA image of collaborating with known fraud artists. You'd think that a cleaner image would help create investor trust.

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Umm, not sure that trust in PSA has taken even the slightest hit, looking at their backlog. Continued record prices for top-tier cards, huge backlog of people requesting their services. As much as we think that PSA is tarnished by this latest scandal, it does not seem to be moving the masses. What I do see is a company that can't meet demand for their product. And that is $$ left on the table for investors.