PDN 0.72% $11.87 paladin energy ltd

whats wrong..., page-2

  1. 5,801 Posts.
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    Don't forget that Canada generally follows the ASX, and NOT the other way around.

    So PDN was down yesterday here, and is down overnight in Canada.

    While in general, our market follows the lead of the Dow (silly, I know, but it does), the TSX in Toronto generally follows our lead on a lot of the stocks that are dual-listed, such as Paladin.

    If PDN drops further here today, I'd be starting to look for reasons, such as rumours that no takeover activity is being plotted by Cameco, for example, as that may have been one of the driving forces in the recent upturn in the SP here.

    Or, of course, some other inside info being acted upon by those in the know.... but that wouldn't happen, would it? ;)

    I'm holding mine long term. Not a trading stock for me.

 
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