Australian (ASX) Stock Market Forum

PDN - Paladin Energy

PDN rise seems unstoppable

Can anyone explain me how a share like PDN can go from 0.20 cents to $4 in 2 years time and where will it stop.
Amazing rise. Obviously this is a very speculative share.
 
Re: PDN - Paladin Resources

check out the other thread on the board called "how to explain pdn's stellar run"
 
Re: PDN - Paladin Resources

Prospector. I have got a similar story as the one that you wrote on poseidon. Just wondering if your aunty's name starts with a G
 
Re: PDN - Paladin Resources

Fab said:
Prospector. I have got a similar story as the one that you wrote on poseidon. Just wondering if your aunty's name starts with a G


Er,.......Maybe ;)
 
Re: PDN - Paladin Resources

Just a thought: PDN on january 2003, was 1c, and now its $4.53...

Thats 450times... makes a "10-bagger" look very ordinary...

DOes any1 agree with me that perhaps 450-fold in 39 months is a world-record maybe ?
I wonder if anything even comes close..?

ALso, people now are taking about the next paladin, some suggestions have been EXT, AEX, OMC, and RPT.... clearly PDN is the benchmark now..

But how about before Paladin..? WHen people first saw paladin, did they think: "Maybe this is the next ------ ? " WHat was the benchmark back then ?
 
Re: PDN - Paladin Resources

nizar said:
PDN on january 2003, was 1c, and now its $4.53
Yeah, it would've been nice to drop $10K on PDN back then. It would be worth $4.5m by now.

GP
 
Re: PDN - Paladin Resources

Just touched $5 this morning, although currently back around $4.87 which is 7.5% up today.

Is there no stopping this beast?

GP
 
Re: PDN - Paladin Resources

GreatPig,

:eek: OMG I don't think there is any stopping it,
It must be trading on some crazy P/E ratio,
 
Re: PDN - Paladin Resources

Since I'm away for a couple of weeks in a few days, I sold half my holding today. Depending on what it's looking like on Friday, I may sell down further or completely (I was holding a pretty big parcel before).

Cheers,
GP
 
Re: PDN - Paladin Resources

PDN surges up through $5 this morning. Currently $5.15 @ 5.5% up.

Cheers,
GP
 
Re: PDN - Paladin Resources

Sold out completely today, as I decided it would be too risky to hold while I'm away.

Sold some for $5.16, the rest for $5.10.

Hopefully it will be back around $4 when I get back and just starting to head up again :D

(more likely up around $7 knowing my luck!)

Cheers,
GP
 
Re: PDN - Paladin Resources

anyone know why PDN has gone down so much today?

suppose with the recent run it had to correct some time soon
 
Re: PDN - Paladin Resources

Uranium sector starting sell off. Not only paladin, but most of uranium stocks down. Maybe it is a good time to restock?
 
Re: PDN - Paladin Resources

Jay-684 said:
anyone know why PDN has gone down so much today?

suppose with the recent run it had to correct some time soon

AGree, it was due for a correction, it started the year at about $2...

Actually in around mid-Feb, i remember seeing it around $2.78 - i was thinking wow good buying opportunity...

So yes due for a pull-back, OXR also had a breather today...

Powerkoala - Yes i think there is still some value (SAU, OMC) and great potential (OMC) but as always selectivity will be key...
 
Re: PDN - Paladin Resources

Looks like selling before I left might have been a good move after all :)

GP
(Currently in Okayama, Japan)
 
Re: PDN - Paladin Resources

GreatPig said:
Looks like selling before I left might have been a good move after all :)

GP
(Currently in Okayama, Japan)

Can't stay away from ASF GP!!?? Yep, it is wavering a bit, hard to sustain these vertical climbs, only a matter of time imho but these runs do last longer than expected, just look at how it's been accelerating. Hope the weather and the locals are treating you well (I'm sure they are).
 
Re: PDN - Paladin Resources

Hmm, I sold yesterday because I thought things had become a little overheated at the moment. Of course there was a last minute rally :swear: But am hoping to get back in again soon. I have traded PDN so much over the last 18 months or so - seemed like the right thing to do at the time. I started in at 11c and bought a nice swag - obviously PDN was one of those shares that if I had held that parcel today, I would be very nice swathed in diamonds! But it was a huge risk for me at the time, having only traded for a few months.
 
Re: PDN - Paladin Resources

RichKid said:
Can't stay away from ASF GP!!??
Well I don't have access to my charts at the moment, so I gotta look for comments on my stocks when I can :D

And yes, Japan has been going well so far. A little rain yesterday in Hiroshima (fortunately not black!) but otherwise good, and a beautiful day today at Himeji Castle with all the blossom trees out in flower - and, being the start of their blossom festival, entry today was free! What more could a tourist ask for? :D

I have to say though, after going through the atomic bomb museum yesterday, it does put a bit of a damper on one's enthusiasm for uranium.

Cheers,
GP
 
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