Since PSTI seems to trade in lockstep with the TASE, does this mean we can expect to drop tomorrow? If we don't drop tomorrow, maybe it'll gap up Friday morning on the TASE. Stay tuned!
I think if last month's spike was caused by big news leaking, we would've found out about it by now. As you pointed out, the volume was 20M. For that many people to know about the big news, it would be impossible to keep it a secret for this long. Anyway, the important thing is we seem to be on another uptrend. I hope PSTI can keep feeding us good news updates.
This rally seems more genuine than the one we had last month. Instead of being based upon an anonymous report, we're getting some good news from our studies. I'd love to see us bust 3.25 today and close above that barrier.
Maybe that's why we're up today in a down market. $3.20 and climbing!
Ok, instead of buying my wife a $150 dinner tomorrow night, I'll buy another 50 shares of PSTI. That'll certainly be the catalyst we need.
Maybe I have it backwards? Now that the strike is settled, heavy trucking traffic will be needed to clear away the accumulated cargo.
Fair enough. I could understand why governments/militaries could want the protection.
I read somewhere that the port strike will be a boon to SWFT and other truckers. Can anyone shed some light on that? Understand, I don't like seeing innocent people getting hurt by the strike. I hope SWFT is part of the solution.
I thought we finally had the wind at our backs. We had some good news released this past week relative to our test data, followed up with some favorable publicity. We had some buy recommendations. I expected an uptrend.
Hi Bill, I was pleased with the quick rebound also. After last Friday's action, I was worried that we were going to continue to slide. I'm guessing we're going to stay in a tight, trading range of 39 to 41.5 for awhile. I don't see any good or bad game-changers in our horizon. Falling fuel costs apparently aren't much of a help with our hedges. There was no update of the plans to build the southern Nevada recycling center. We now know the cost of the Tervita acquisition.
So, I think 2015 will be a year of solid, unspectacular performance.
It's a nice positive development, but I doubt that it will affect the share price, I don't expect anybody to buy PSTI because it has a product that will be useful in the aftermath of a nuclear war.
Thanks for your reply, rrpjds. Yes, I'm optimistic. With the oil glut, I think crude prices will hit new bottoms. May I assume that CVTI is not hedged, and this will benefit from falling prices?
HCW expects PSTI's cash position to last until mid-2016, but that we may find a CLI partner this year. There you have it. 2015 is the make or break year of PSTI. It's a little scary, but it's good to see a deadline on the horizon. I'm betting that PSTI has enough going for it that they'll find a reputable partner-and move forward on several other fronts as well. We'll see.
I'm with you. When I saw this morning's news, I figured we would see a big leap forward. It still may happen. Hopefully, we'll get some more favorable publicity from the mainstream press.
Well, I must say that the rebound has been impressive. We've already recovered 90% of the territory we lost from Friday's selloff. Today's $1 gain was a pleasant surprise. I wish I could predict with confidence where we're going next, but who knows?
We could use another good news story following on the heels of the recently released story. We need to keep PSTI in the minds of the public consciousness.