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$13.94 paladin energy ltd

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969 Posts.

26

12/01/24

10:34

Post #: 71845663
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Originally posted by TemptingTrade: ↑

PDN currently trading and pricing in Uranium at almost US$100/lbs despite today's Uranium price being US$72/lbs.

A spike in prices is cyclical in nature for Uranium, but almost every 18-24 months the news of 'uranium super cycle' rears its ugly head to sucker in amateur investors and believers.

As far as the historical trends of supply and demand.. Well, they're not looking great for Uranium. They never really did.

Does anyone remember when I called PDN the greatest short of all time when it hit $1 in 2021? Yeah, you were all screaming how it was going to $2 and fell in love with whatever fantasies were in your head, and here I am again to spoil your dreams of hope.

In my opinion: This is just another Uranium cycle that I short into every 1.5 - 2 years to make really easy money. PDN just happens to be my stock of choice twice in a row now. I've started a small short and will build into any move above $1.10.

I can't wait to hear the emotional appeals of investors here who will whinge and cry about down-ramping.

Sentiment: SELL
Position: HELD (holding a short)

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PDN Price at posting: $1.24 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $13.94		Change 0.310(2.27%)		Mkt cap ! $4.154B

Open	High	Low	Value	Volume
$13.66	$13.96	$13.65	$9.869M	713.4K

Buyers (Bids)

No.	Vol.	Price($)
19	1590	$13.93

Sellers (Offers)

Price($)	Vol.	No.
$13.94	4267	5

View Market Depth

No.	Vol.	Price($)
12	950	13.920
20	7665	13.910
19	8513	13.900
10	5538	13.890
8	8140	13.880

Price($)	Vol.	No.
13.930	3256	10
13.940	7394	9
13.950	6674	8
13.960	9259	6
13.970	7786	7

Last trade - 13.27pm 30/04/2024 (20 minute delay)


Last $13.94			Change 0.310 ( 2.43 %)
Open	High		Low	Volume
$13.74	$13.96		$13.67	252268
Last updated 13.45pm 30/04/2024 ?

PDN (ASX) Chart