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North American Palladium Limited ┼×irket Message Board

  • hocster11 hocster11 Jun 8, 2007 4:46 PM Flag

    SHORTS ARE LOADING UP

    SORRY LONGS. BLAME CRAMER.

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    • Volume is drying up.

      Volume: 172,300
      Avg Vol (3m): 487,110

      • 1 Reply to tbs524
      • volume typically dries up during corrections and in particular during the final stages of completing chart pattern... not to say we could retreat lower but from the last couple day's action, it looks like a bottom is in (friday was reversal) and breakout to the upside is imminent. When PAL breaks out above $11.5, lets see what the volume is...I would suspect volume will spike back up and continue to ramp as stock moves higher,

    • Are you kidding me? You think Cramer's comments can provide long term momentum in either bull or bear trend? A short term pop either way, maybe for a couple hours of trading for the novices. Cramer's comment did not propel the stock to over $12, it was well on it's way there by itself. Get a grip, this stock is going to explode on the upside after putting in this short term correction and lets not forget that the pull-back from 12.36 to 10 is just that, a correction of the last leg up from $6.65. If your short or thinking about going short, please be my guest and jump in now...and after you get your a$$ handed to you in a basket maybe you'll spend a little more time on your D&D and not make such silly idiotic trades.

 
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