PDN 3.57% $13.63 paladin energy ltd

High guys,I should report that I have sold out of PDN on Monday....

  1. 701 Posts.
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    High guys,

    I should report that I have sold out of PDN on Monday. I've posted positive stuff here, so it wouldn't be fair to fail to disclose when I walk out of the building.

    I'm still a great believer in the medium term Uranium story and of PDN's part in that. But the worldwide macro situation has convinced me to stick with cash and gold miners at present. It looks to me like the S&P could have a major fall and cyclical stocks will get dragged down with it, even if that is totally undeserved, as in the case of Uranium which is almost independent of the economic cycle.

    Hope to be back again before this one shoots to the moon!

    Cheers,
    Tim.
 
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