Post on PSN bullboard ... Bashing ORT, pumping PSN ... here what he got now

I was unable to participate in today's market due to time commitments, but I watched from the side lines as my investment in PSN got a whole heck of a lot smaller. The sad thing for me is not how much poorer I am now, but explaining to my retired mother what happened to a good portion of her life's savings...

Now, having gotten that off my chest and also having had the opportunity to review today's events, doing a back of the envelope calculation of what PSN should make next quarter, taking their guidance of about $145 million EBITA for the year, that should give them a 4th quarter EBITA of about 30 million and a profit of 15 million. Also considering that their capital expenditures will now be almost nil going forward, I see their dividend sustainable...

They have 500 pieces of equipment, more or less paid for. Buyers at these prices are getting a 20% dividend...

Kherson

P.S. I may be missing something here, therefore anyone who has an opinion, I would greatly appreciate you posting it...