PDN - Paladin Energy

rogue_investor said:

Phat Prophets... what a laugh!! we went to Namibia and found it to be safe. oh great... I walked down George St and thought it was very friendly too.. think I'll buy some property in Redfern now. Give me a break!! What sort of analysis is that? The stock's a winner you burke brains.. I think I'll stick to google thanks.

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Moneybags said:

I'm positive about PDNs' long term future but in the short term it would be interesting to see if it can push through the upper line of the down trend channel. A lot of punters wont jump back on until an uptrend is confirmed and then I think it will be away again. Of course a rise in the spot would also help.

MB ( holding )

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eMark said:

Hi Money Bags. Where is this upper line of the down trend approximately, so I can watch out for it.

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Nyden said:

I sold out of my position today at a small loss, PDN causes me more stress than anything else! Might look to buy back in a few months though.

I fear the SP might not see a whole lot of positive action for some time,
watch it climb to 8c now :banghead:

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Moneybags said:

If you are feeling negative best to be out in my opinion. I held thru this correction so in my book the way PDN is going at the moment is pretty good.

mb

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Nyden said:

Oops! I've been in the spec market too long I said 8c, I obviously mean $8!

Yes, I've felt rather negative with regards to PDN for a while - I bought in at the high 8s; watched it go over 10 - and then all the way back down to 5!

Well, I think uranium is just out of flavour - long term I do agree, it's a fantastic stock, and I might just re-enter soon enough with a fresh slate

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Nyden said:

Oops! I've been in the spec market too long I said 8c, I obviously mean $8!

Yes, I've felt rather negative with regards to PDN for a while - I bought in at the high 8s; watched it go over 10 - and then all the way back down to 5!

Well, I think uranium is just out of flavour - long term I do agree, it's a fantastic stock, and I might just re-enter soon enough with a fresh slate

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Nyden said:

Well, isn't that just my luck! Up 5% already Oh Well, that's certainly a kick in the pants

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drmb said:

Well I can feel your pain, I've done the same with other stocks, eg TZL. When I decided to buy pdn and other U stocks last year (now only holding BMN and PDN) I decided to hold long, I have been burnt too with other stocks, selling early only to see sp go up.

I now try to remember W Buffett, "Find a good stock and hold on to it for ever", or "The sharemarket is a mechanism to transfer money from the impatient to the patient."

I don't have chart skills but seems to me PDN has MACD well and truely crossed, RSI heading up, and it's just about to touch the 200 MA. All good news for me holding long.

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Nyden said:

All very true - however, easier said than done I suppose - I am human, & I got sick & tired of seeing PDN just sit there in the red on my portfolio, like a dog : The lack of dividends are a bit of a downer as well.

Well, I certainly do believe it has future long term potential, and that may be sooner than later - I just need to get out of the negative mindset first, before I re-enter!

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Moneybags said:

Hey Nyden, we are all human after all....but if ya gonna throw the dog term around at least throw it at a worthy share such as INL ....why on earth did I buy that sucker.

Believe me PDN is not a dog just that the SP has suffered at the hands of the U spot price as have most other U stocks. PDN looking very good at the moment in my eyes.

MB

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Nyden said:

Afternoon MB, I did say, like a dog, with a : in front of it - implying humour! My attempts at humour do generally tend to fail though. I too believe PDN is a great stock, I've just been made bitter by it's recent performance is all . Nyden

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