PSYC Corporation (PSYC)

[RocketRob]

It *sounds* like good news, and I have a substantial number of shares at a much higher than current price, but I don't have a lot of faith in the reality of this news. While this contract may be in place, it's possible that there are other processors in use, and there seems to be no *guarantee* of business.

What has driven me to great pessimism is the fact that I've never been able to reach an actual human at this company, and they've never responded to any emails, so I am wondering how any company could get in touch with them to do business.

They are in a great market with a huge potential in just needing a very small piece of the pie to be very profitable, but there's no indication that this is a well-run company. Of course, I hope they are successful as I will otherwise have to turn a huge paper loss into a real one, having gotten in at a terrible time.