🔴 PSIG is trading 5.1% down today amid continued post-crash volatility and forced liquidation

PSIG is trading at $1.30 (5.1% down) today as the stock continues to slide following last week’s extreme collapse from approximately $12 to near $1.

• The downward pressure is attributed to heavy selling, forced liquidation, and structural repricing linked to negative balance sheet metrics.
• No new company-specific news or filings have emerged since the initial crash, indicating that the current move is driven by ongoing volatility and investor risk aversion rather than a fresh catalyst.