PDN 1.27% $12.40 paladin energy ltd

uranium news, page-444

  1. 208 Posts.
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    My post from 06/12/21....


    Today's overall negative direction aside, we are witnessing just how lacking in dedication and committment some PDN shareholders are - the instos will now try and push the price down as hard and fast as they can before end-of-trading on Friday 17th Dec, in order to satisfy their % requirements for the index holdings.
    As I have always maintained, you'd be a mug to sell now, as PDN, and every prospective producer will see their value increase dramatically when the market decides its time to buy - its amazing that the people we entrust with our investment dollars (super funds etc) take so long to pounce on an opportunity - makes you wonder, what with all their diplomas and business degrees and fancy-schmancy databases and analytical systems in place, why do they still cling to the herd mentality approach ("If my competitor is selling/buying, then so will I").

    For those who panic today and sell, then cry later on that they've missed a golden opportunity, I have no sympathy....

    and today (08/12/21), look what's happening.....

    https://hotcopper.com.au/data/attachments/3875/3875477-a43da7911e1d799eb6ec98c9a2c6070c.jpg
    See what I mean??


    Last edited by PeterBills: 08/12/21
 
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