By 'these companies' I was referring the likes of paladin.
Thats great, i hope you unload & make a bucket full, but your assumption is wrong, I really couldn't care less where this sp goes, it is a great stock to trade on either end - nothing more. I used to be long on pdn many years ago but alot has changed since. I cannot see a rational basis for going long on this stock, both from company specific problems to the macro climate, it seems to be 'mostly' negative from a fundamental and technical perspective. Why do you think the shorts are all over it? Is it because they believe the price is going up?
Feel free to continue cheerleading your team though, if it helps cushion the losses than go for it.
By the looks of it - 30c is becoming more of a reality than 75c. Enjoy
chill and enjoy the thrill.., page-19
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Last
$10.40 |
Change
-1.260(10.8%) |
Mkt cap ! $3.109B | |||
| Open | High | Low | Value | Volume |
| $10.77 | $10.77 | $10.15 | $58.97M | 5.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $10.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.40 | 2536 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |