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Posted By: Jeff Lichtman

No excuse for the mistake and no excuse for even the thought that the holder has been played with. PSA won't provide a better holder because it will cost them 1 cent extra per slab and that cannot be tolerated by a company whose stock price is about 1/3 as high as it was 9 years ago.

Basically, PSA's business model is premised upon doing the bare minimum in terms of quality control while at the same time furiously figuring out ways to make more cash to prop up a flagging bottom line.