staring into the abyss

Joewolf,
I recall you were considering buying it as it went through 33c.
Its there now. I wouldn't advise buying at this level.
Are you still thinking of buying in at some point?

If you are you might consider waiting for the possibility of a distressed debt sale and restructure.

In my view PSH will need a massive recapitalisation at some point if it is to survive at all. The debt holders would probably have a role in this. Recapitalising PSH may enable it to emerge with the balance sheet necessary for this capital intensive industry.

Of course the current debt and equity holders would take a bath.

I think the current share price in the 30s is an excellent exit opportunity.

Regards
Bacci