PDN 0.98% $16.54 paladin energy ltd

why so resilient

  1. 26,822 Posts.
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    I have to say i am impressed with the resilience with which PDN has withstood the recent sell off.

    We saw some quick sells this morning, only to see once again, pdn to claw her way back to open territory.

    In the prev 12m, we would have seen pdn caned by any weak dow, or any excuse would do for the shorters to kick pdn.

    What has changed?

    Is the big money snapping pdn up on every weakness as the spot has turned, is this the beginning?

    Is this the trigger, for all those that bailed on the way down to re-ignite the U stocks?

    Happy to hold

    cheers
 
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