PDN 0.41% $9.68 paladin energy ltd

gttrain,- I agree that the sp has been oversold and should head...

  1. 3,260 Posts.
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    gttrain,

    - I agree that the sp has been oversold and should head north of $1....any thoughts on the similarities between Arrium and Paladin (re shorting) ?

    - IMO we are seeing something similar, where the shorts drove ARI down to 70c (the 1st time) then short covering back up to $1.30's. Then the shorts back in control, driving the sp to a ridiculous 50c (hence the TO offer from Sth Korea)...






 
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