[Archive]

Posted By: jay behrens

I didn't say PSA would take a hit over night. Long term, they are not a smart investment because of past and current business practices. There is a lot of money tied up in PSA cards and the people that have those cards are going to do what they can to try and prop up PSA for as long as possible. Once the ship starts taking on too much water, then you will start seeing the rats abandon the ship. Until then, or if PSA gets it act together (I'm certainly not holding my breath on this one) PSA will be a great short term way to slab your cards, but one to be avoided if you plan on holding your cards for a long time.

Jay