Quote:
Originally Posted by perezfan
I don’t get it either.. other than they are already so monetarily invested in PSA slabs. Time for a new competent TPG to step forward. Or better yet, less emphasis on TPGs, period.
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Just as the stock market moves or not in response to new information, this market either will or won't respond as it collectively deems the new information important. Nobody is coerced here, it's the aggregate of thousands of individual decisions. We'll see. Given the low entry barriers, theory at least would dictate that if there is a significant opportunity for a new grader, someone will make a go for it.