PSN won't be writing off huge amon=unts of their accounts receivable, as most of their clients are honest and fully capable of paying their bills.
And while PSN will no doubt have lower rental rates going forward, they are not going out of business, and they will do ok going forward.
They may have to reduce the dividend, but they will never eliminate it.
On that basis, I just bought a boatload in the below $3.30 on this obvious tax-loss selling.
The share price will not likely go a lot lower, as there remains a lot of fundamental value here.
And once again, I bought in much cheaper than the fool BioBilly. When he started buying at much higher levels, i knew he was far too early. Just another mistake by the fool, and a real lesson to not listen to such idiots.