PDN - Paladin Energy

[shag]

Re: PDN - Paladin Resources

As a user of charts to predict a "turning point",i am constantly amazed as to how "gaps" are usually "Filled",..........PDN has a huge gap at $4.93 to 5.35, have made some cash on this and SMM in the past 2 years and sold all around $9. Any comment from other chartist.........I am Suprised it could get back to this level.Regard to all,

hope so and about time if it is.
a good read on nuc future
http://money.cnn.com/2007/07/30/magazines/fortune/legthree.fortune/index.htm?postversion=2007080210

 

[drmb]

Re: PDN - Paladin Resources

Would you say the same thing about Progen when it was at $6 after it had been $10, and still with a price target of $14. Current price of PGL $3.60.

PGL and PDN - bit like apples and pears? Or even Apples and ???? Mist?? PDN have production facility with teething probs but real sales, not sure if PGL have ever had any sales. But point well taken

"Progen Industries is involved in the research, development, manufacture and marketing of molecular biology products and biopharmaceuticals. The company is also developing and trialling a cancer therapeutic PI-88"

 

[Uncle Festivus]

Re: PDN - Paladin Resources

Would you say the same thing about Progen when it was at $6 after it had been $10, and still with a price target of $14.

Current price of PGL $3.60.

No, unless they mine U and have sale contracts in place and told the market that the start up teething problems have largely been fixed and Summit has dropped the court case and....
What I was implying was that before the cut back, a few analysts, who I would presume would have doen their sums to a greater degree than me, were targeting prices above $10. Now it is up to the market to say whether PDN at a share price of $6.50 has suffiently discounted all the bad news in and apart from the general market nervousness, it would be looking cheap on fundamentals alone?

 

[TheAbyss]

Re: PDN - Paladin Resources

Trouble is that nearly everything looks cheap today compared to last weeks prices. Currently we have no idea what is cheap and what is expensive. If last week was a guide to next weeks SP you would borrow a million and buy a truckload, oops thats what got us in this position today.

Not to say you need advice form me Uncle as i was silly enough to top up on two this morning (BNB and MGX).

 

[bigdog]

Re: PDN - Paladin Resources

PDN had three very large special trades after the close above today's "last price" of $6.5000

Total volume today was 5,159,074 shares

Today: 03-Aug-2007
Time-AES Price .Volume Value .......Condition Codes
16:26:21 6.5890 90,353 595,335.92 SXXT
16:16:16 6.8420 199,900 1,367,715.80 SPXT
16:16:16 6.8420 199,900 1,367,715.80 SPXT
16:13:43 6.6060 276,000 1,823,256.00 PTXT
16:10:02 6.5000 3,000 19,500.00
16:10:02 6.5000 6,557 42,620.50

 

[eMark]

Re: PDN - Paladin Resources

Very interesting Bigdog. Any idea what this means? The numbers are special enough, but in which direction? You have posted it here out of interest, but what significance does it hold (at the end of the week?)

Cheers

e Mark

PDN had three very large special trades after the close above today's "last price" of $6.5000

Total volume today was 5,159,074 shares

Today: 03-Aug-2007
Time-AES Price .Volume Value .......Condition Codes
16:26:21 6.5890 90,353 595,335.92 SXXT
16:16:16 6.8420 199,900 1,367,715.80 SPXT
16:16:16 6.8420 199,900 1,367,715.80 SPXT
16:13:43 6.6060 276,000 1,823,256.00 PTXT
16:10:02 6.5000 3,000 19,500.00
16:10:02 6.5000 6,557 42,620.50

 

[bigdog]

Re: PDN - Paladin Resources

Very interesting Bigdog. Any idea what this means? The numbers are special enough, but in which direction? You have posted it here out of interest, but what significance does it hold (at the end of the week?)

Cheers

e Mark

Mark,

I have started to monitor potential takeover targets and look for sustained large special individual sales that are over a million $ after the close which includes PDN.

PDN special sales have been quite for the past two months except for special sales were on July 26 (2,056,000 shares) and yesterdays volume which totaled only 676,000 shares.

Will keep checking next week!

 

[Fab]

Re: PDN - Paladin Resources

Mark,

I have started to monitor potential takeover targets and look for sustained large special individual sales that are over a million $ after the close which includes PDN.

PDN special sales have been quite for the past two months except for special sales were on July 26 (2,056,000 shares) and yesterdays volume which totaled only 676,000 shares.

Will keep checking next week!

I am not sure I fully understand what you mean here. If they are special sell order of a stock like PDN I would not take it as a sign of potential takeover target as if someone is getting ride off there stocks it is not because they think the stock they are dumping will be the target of a takeover .
What am missing here ?

 

[drmb]

Re: PDN - Paladin Resources

I am not sure I fully understand what you mean here. If they are special sell order of a stock like PDN I would not take it as a sign of potential takeover target as if someone is getting ride off there stocks it is not because they think the stock they are dumping will be the target of a takeover. What am missing here ?

From at garyrm1983 at HC - "(They are) call and put options that you may hold they are exercised after close or before open. There has been significantly more of these "trades" in the past 2 weeks due to the stock market correction. Generally people buy and sell options and warrents without actually exercising them. But given the warning in June/July about the correcttion people bought them for protection more than anything else. now they are exercising them"

 

[goldensun76]

Re: PDN - Paladin Resources

I guess for now in the short term is to lookout for th U price. If the price stablize around $120 per pound, I guess fundmentally there should not be too much hick up. If the price rebound, I think there PDN should start to pick as well.

 

[Kauri]

Re: PDN - Paladin Resources

A tad early yet for me to get excited but it looks like ( with todays price action) to be near where I would expect the W(2)..(C) to complete. Will put it on my watchlist for now and see how she develops.

 

[Sean K]

Re: PDN - Paladin Resources

A tad early yet for me to get excited but it looks like ( with todays price action) to be near where I would expect the W(2)..(C) to complete. Will put it on my watchlist for now and see how she develops.

Thanks Kauri. Starting to look a little bit more realistic to me too, but oooooo, there's some panicky punters out there. If it manages $5.50 I won't be able to help myself.

 

[Lachlan6]

Re: PDN - Paladin Resources

Kennas, Kauri. I dont think $5.40-50 will be that far off, as on the weekly this level is an important level of support for two reasons. First the fact that previous resistance was found at this level last year, and this level is also the 50% retracement from the start of this huge leg up all the way back in 2004. I am champing at the bit to get into this one, watching closely for any sign of a reversal (say double bottom etc). Has to be very cheap at these levels, surely.

 

[dj_420]

Re: PDN - Paladin Resources

Kennas, Kauri. I dont think $5.40-50 will be that far off, as on the weekly this level is an important level of support for two reasons. First the fact that previous resistance was found at this level last year, and this level is also the 50% retracement from the start of this huge leg up all the way back in 2004. I am champing at the bit to get into this one, watching closely for any sign of a reversal (say double bottom etc). Has to be very cheap at these levels, surely.

i agree it looks very cheap now. i now have access to leverage my position when we find a bottom IMO at 5.50

i have held since SMM takeover and have only held due to long term investment. very negative market sentiment surrounds PDN at the moment, once teething problems are sorted etc we should start to see some sort of appreciation again.

 

[alankew]

Re: PDN - Paladin Resources

Re the announcement from PDN this morning about Areva,seems like great timing on their behalf when there is already negative sentiment surrounding PDN-could be a case of kicking the man while he is down then coming in like a white knight

 

[Sean K]

Re: PDN - Paladin Resources

I couldn't call it 'cheap' because I do not know how much $$ they are going to earn in the coming years. No one really does. Still spec to some degree. I'll also be waiting for a bottom, but I'd expect tech bounce between $5 and $6....pending general market. I do note, fundametally, that I think this is the sort of stock that will hold up better than many others, because the world needs energy, and bounce back quicker. POU is still great! And by the look of the sky over Beijing, demand will increase!

 

[Sean K]

Re: PDN - Paladin Resources

I've taken a bold punt here. Against my better judgement and general principles on investing.

Still could make $5.00 on the chart IMO, but that's not too far from where it is now. Outside BB, MACD looks disastrous, and oversold on Stochastics. First time I've bought any of this, which means it'll go to $3.00

 

[Gundini]

Re: PDN - Paladin Resources

Doesn't seem like you Kennas trying to catch a falling knife!!!

I wish you all the best although I'll wait for $5.33 myself...

 

[Rafa]

Re: PDN - Paladin Resources

Must admit, the double top and previous resistance levels all point to 5:30 ish...
But don't blame you for jumping in kennas, unless PDN's mine fails spectacularly, its hard to see much more downside than the 5.30ish alluded to previously...

 

[Sean K]

Re: PDN - Paladin Resources

Doesn't seem like you Kennas trying to catch a falling knife!!!

I wish you all the best although I'll wait for $5.33 myself...

Thanks Gundini, you are absolutley right, this is crazy!!!! Aaaaagggghhhh!!!! LOL

This correction is as good an opportunity I've seen in the past 4 years to buy stocks, unless it's a crash and the start of a bear!

I reserve my assessment on this decision till next week, which time I'll be richer or poorer.

Balancing shorts and longs is becoming critical, if you're an active investor relying on the market for an income....