What I see today is the price move has nothing to do with fundamentals. Some one is manipulating the stock price. During most of the time today, I see huge asks again a tiny bid, 10000 : 100. Just one penny away but none of the 10000 ask is willing to lower the price just a penny to get it filled. It's a psychological pressure to press the price down, but they really do not meant to fill the sell order.
I tried to buy some more today. But I have to bid at ask price to get it filled, despite of extreme ratio of ask:bid = 10000:100. Crooks!
Bamboo: Been following this board for a while. What a diverse lot! I guess I'm crazy too I just picked up my first 1K @6.44. I noticed the 2 year weekly chart shows a trading range of Roughly 6 to 12. If we break 6 I'll add. If your bullish on paladium long-term PAL is a compelling buy at these levels. IMO miners in canada and U.S. will command a premium as this PM bull progresses. I have gotten rid of my SA and other high political risk miners and am concentrating positions in our own backyard. Also noticed on the weeklies there is good L/T accumalation. I guess next week we might see a test of our recent low of 6.13. Hang tough longs.
You are so crazy. lol.
I know why you did it. But I have a nagging doubt about all equities at this moment. My exit points are approaching and, if they get reached, I am just cutting my losses. I will just let BEARX catch-up with my small loss.
Some people on this board seem to be loaded with Pd stocks. Now that is crazy.
I am all about buying a few bars each month. That is not such a bad idea at all. But these companies suck. We are just trading them because it is easier than flipping bars.
don't worry, yeah. Pal will be around even 10 years from now.
though shareholders' money most likely will not. at least not with shareholders. but probaly it will have filled the accounts of the suckers who run this company. I just wonder, do they drill all these holes to get PGM out or to bury the stocks in there step by step?
what a POS!!
mgmt managed a 50%+ decline within a few weeks - one of the worst stock performances of a PGM mining stock in the midst of a PGM bull.
WHAT A COMPLETE JOKE!!
after all, it gets predictable, this POS
6-10% daily drops, then some short relief and then the next drop.
never expected that my buy limit at 3.55 could even get close to be filled.
and now, we are just a few cents away from it.
Just what I was afraid of. Pal does not go to new highs when Palladium almost hits five year highs.
BUT.... Palladium comes in a little and Pal still gets punished.
This shelf offering also a big negative short term for PAL.
I don't view the shelf offering that way. We all know that PAL has been drilling and has reported good drilling results. They now just need some cash to be put in good use. It's great news if you ask me.
I have been buying PAL multiple times today. Tried to sell some SWC but only get partially filled because I hate to sell at the red.
If you don't worry, as JJ claims, you ignore reality and end up where JJ is -- with most of his investments over 60% under water.
He has no clue about risk management and how to NOT get married to a stock or sector if it is not performing.
JJ has a less than 0% ROI (in fact, a huge loss) and following ANY advice from his is just plain foolish.
JJ defined: delusions of grandeur - a delusion (common in paranoia) that you are much greater and more powerful and influential than you really are