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PDN

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$15.65 paladin energy ltd

A nice short opportunity, page-212

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08/05/24

10:26

Post #: 73720062
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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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"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."

PDN Price at posting: $16.86 Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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