PDN - Paladin Energy

[Sean K]

Re: PDN - Paladin Resources

Well the chart says support at $6 at the 200dma.
Its moved back to the 200dma on the October 05 correction and on the May-September correction.
Just to show how much its run since October ($4).

I hope im wrong.

I see support at $8.00, $7.40, $7.00, $6.00 and $5.00. Might bounce it's way down. Really depends on overall market sentiment I think and when the ASX stops heading down. This could coincide with one of these support lines at which time it will bounce back. Maybe.

 

[Halba]

Re: PDN - Paladin Resources

lol its not going back to 5 dollars!!! Max $7

 

[GreatPig]

Re: PDN - Paladin Resources

Hmm... time to check out some Put warrants...

GP

 

[Freeballinginawetsuit]

Re: PDN - Paladin Resources

Puts have no place on this thread, neither does punting on how far the leveraged will be squeezed. Keep the muddying of the waters to the appropriate thread that is busy of late.

PDN may follow the rest on a spike if a squeeze eventuates........ if value is lost viciously/value will be found and found quickly on this one.

An opportunity may present, wont be the first or last for PDN.

Plain and simple!

Halba, PDN could quite easily go below $7, if your a latecomer trading this you should have been out after is stagnation on Thurs/Friday. If youre long with no more funds,it will just be an opportunity lost>nothing more

 

[Halba]

Re: PDN - Paladin Resources

Nup am on the sidelines for pdn. Dunno how to pick a falling knife?

 

[cuttlefish]

Re: PDN - Paladin Resources

Hmm... time to check out some Put warrants...

GP

Which raises a good point - why no ETO's over PDN - they're in the ASX top 100 and represent a sector that there aren't many pure plays in. What are the criteria for a stock being included in the ETO list. I mean even CDU has ETO's over it.

 

[Fab]

Re: PDN - Paladin Resources

sounds like PDN will be a good buy very soon. Chart is showing that is being over sold

 

[Kauri]

Re: PDN - Paladin Resources

Based on my (very debatable ) count PDN may be reaching the W(4) area,....

 

[Phoenix]

Re: PDN - Paladin Resources

Definately one to watch out for. I'll be keeping a close eye on this stock and dyl.

 

[nizar]

Re: PDN - Paladin Resources

Definately one to watch out for. I'll be keeping a close eye on this stock and dyl.

I agree.
Im not about to try and pick a bottom but i think when the tide starts turning those two PDN and DYL will bounce back strongly.

 

[Halba]

Re: PDN - Paladin Resources

I bought in and guess what. I've knifed myself!!!

 

[captjohn]

Re: PDN - Paladin Resources

I bought in and guess what. I've knifed myself!!!

Halba you'll do O.K. outa this ...in 3 months you'll wish ya bought more at $8-ish....
Think of those with CFD's that bought at $10.50 ...borrowing 90%.....& now getting margin calls ..... ....capt john

 

[Phoenix]

Re: PDN - Paladin Resources

Lol lol, as long as ya didn't buy on margin you'll do fine in the long run. Except of course if labour is elected.....

 

[Halba]

Re: PDN - Paladin Resources

I bought 750 shares and already lost $300!

Whats going on? Its losing cents like a steam train.

 

[Sean K]

Re: PDN - Paladin Resources

I bought 750 shares and already lost $300!

Whats going on? Its losing cents like a steam train.

If you've got a long term horizon for these then relax. It's got great projects, U price certainly will test $100 this year, will probably get SMM for a song, with more possibilities out there. Either get out of the stock now, or think longer term I think. Testing time for all. Good luck!

 

[nizar]

Re: PDN - Paladin Resources

I bought 750 shares and already lost $300!

Whats going on? Its losing cents like a steam train.

Brother thats nothing especially for a big player like yourself!
I lost several times that this morning when PDN gapped down below my stop.
Serves me right trying to catch a falling knife.

85k seller at $7.50 - thats big bucks.

 

[Phoenix]

Re: PDN - Paladin Resources

Damn pdn is bleeding bad i'm thinking of buying in ???........

 

[Halba]

Re: PDN - Paladin Resources

It hurts coz I bought such a small amount!

Other than that the others I bought today held up fine: JBM and MRE.

 

[captjohn]

Re: PDN - Paladin Resources

I bought 750 shares and already lost $300!

Whats going on? Its losing cents like a steam train.

Halba, don't be a drama queen. You haven't "lost" anything until ya sell 'em.....
Just wait for 3 months ....trust me ....captjohn

 

[Halba]

Re: PDN - Paladin Resources

Agreed captjohn there are many more u projects coming.....I hear some goss.