PDN 1.44% $11.66 paladin energy ltd

anyone following pdn down??, page-46

  1. JFI
    6,837 Posts.
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    I don't think so this time. I thought a while back that whilst it was heading down and in sideways mode this might be the case... at some stage they would take a long position and add on the swing upwards. The last few days have been really strong and a new urgency has arisen in getting in on the ground floor in many Uraniums. With only one pure play Australian producer this will get equal if not more interest now for the longs. Times change and to maintain an advantage like a house such as UBS has they adapt. I think its fair to say now is a pivotal moment and they would be very much aware that others are getting in to bargain basement prices across a plethora of Uranium stocks on ASX and elsewhere globally. Those are my thoughts on this.

    This has been downwards since 2011 but is now on its reversal so 3 years of strategy may be over.

    I am anticipating the price to get much stronger and if for any reason people still think its a good idea to borrow to sell I am concerned for their well being.

    I think tomorrow is heading up as well but maybe not quite as much has been touted just yet !

    Investing long term.

    My thoughts and opinions.
 
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