I agree with your sentiment. Wow, only 9 months ago, PSG was over $20. Even with the recent guide down, PSG is much better off then they were five years ago. And back then, PSG was a $5+ stock. They have some of the best brands (such as Bauer and Easton) and sports equipment. They are profitable. PSG could easily climb back to $10-15 on their own merits...or $20+ as a buyout. Usually, I'm wary of stocks under $5 (for fear that they may he heading to zero), but in the case of PSG, it sure seems like a safe bet. Minimal downside and much upside.
You are right on regarding the NEED for a waterproof device. FitBit reps have told me it can't be waterproof because of the hole for barometer/altimeter (used for tracking flights of stairs). So now they come out with Alta, a more stylish device without the altimeter, yet it is STILL NOT WATERPROOF. Crazy!!! You are right-on regarding what their product line SHOULD be. Everything should be WATERPROOF. Even a $30 MisFit is waterproof. Garmin has a $150 fitness band with HR that s waterproof to 50M (and it has an altimeter). There are pleny of cheap watches that are waterproof to 50M and even 100M. FitBit doesn't get it! Personally, I don't care about flights of stairs, but I do need a waterproof device. These devices are most useful when worn 24/7.