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Old 02-20-2009, 07:32 AM
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Default PSA Likely to be Sold...Then Out of Business? - Part 2

Posted By: Rich Klein

Thus:

He is crunching the #'s and forming an opinion like many analysts do. Nothing more; nothing less.

I guarantee you that there are other market analysts who write about PSA's home company and say both positive and negative things. We might look at the same set of #'s and come up with different conclusions. I'm sure Jim C and Bruce can look at the whole sheet and tell you either positives or negatives. There are pros and cons to being public -- and the opening post is one of the drawbacks to being public.

And when OIL was in the process of sliding down from the high of nearly $150 per barrel to where we are today -- I remember a bunch of analysts on CNBC avowing that $110 was the lowest oil could go. Needless to say; hopefully in their case; they did not have too much invested in Oil.


Regards
Rich

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