I have been holding PSP for over 2yrs and initially paid 12c, watched it go up to 20c and then fall right back to 1.7c on 30 June09. Was ready to sell on 20 Aug at 8.4c and for the first time in my life, I accidentally clicked buy instead of sell, not realising until the next morning I had bought another 100,000 shares. And that very same morning the shares jumped up to an intraday high of 15c. So instead of tears for selling too cheap I am shaking my head in disbelief that my stupidity was not so stupid.
Todays activity was very interestng, stock falling and trading at 13.5c and then wooshka up she goes to 16c, very confident buying - some holders are in the know.
Hopefully not too long before we see a drilling report or announcement.
Cheers,
Waltz
PSP Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held