PDN 2.53% $11.74 paladin energy ltd

Ann: Appointment of Administrators, page-38

  1. 652 Posts.
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    Don't play with fire if you don't want to get burnt.

    You have been following this forum for long enough to have had plenty of warning and insight into Paladins demise. The CEO of the company even warned you of "grave consequences" back in the beginning of the year.

    Other people were smart enough to heed the warnings and sell off. And without those warnings many of them would have still been holding PDN shares when it went into administration.

    The unfortunate ones were the bottom feeders who came it at the end thinking they were scooping up a bargain, without really knowing anything about the company. They bought in because some analysts were still recommending PDN.

    You however had all of the information you needed. You made a decision to hold the stock and probably held for emotional reasons.

    Instead of sitting around and crying about things, get up and find some decent companies that will give you profits into the future.
 
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