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Old 10-21-2022, 08:36 PM
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Peter_Spaeth Peter_Spaeth is offline
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Quote:
Originally Posted by raulus View Post
With any luck, all of this capacity that PSA has developed will chew through their backlog, and if submissions stay low, then they will have to lower their prices to keep all of those graders busy, with hopefully quicker turnaround to boot!

But right now, that seems more like wishful thinking more than a solid conviction.
Nobody is seriously threatening their very high market share. It seems to me the biggest risk to them is if overall market submissions drop, because prospectors change their minds about submitting endless volumes of new stuff.
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