So what is really wrong with this stock - I keep following it down, and it keeps going down. Luckily I pull some some profits on the rare occassions it makes a bit of headwind. Ho hum ...
So what is really wrong with this stock - I keep following it down, and it keeps going down. Luckily I pull some some profits on the rare occassions it makes a bit of headwind. Ho hum ...
If she breaks down through the W1 high of $6.60 made on the 23rd of August the pattern I have been following will be invalid..
Cheers
..........Kauri
If it were polite to swear, I'd be doing just that. Is this a buggered stock or what?
On a day where just about everything goes up - PDN falls. What else is new. PDN is bound to give me ulcers.
If you go back a page or 2, you'll see that I sold for that very reason.
I sold at a loss, but - I feel the relief of no longer holding a dud outweighs that.
I officially am calling PDN a dog: I don't care what its past performance has been, or what its fundamentals / prospects are - fundamentals don't comfort you when the stock goes down for months at a time.
Every Dog has it's day, just picked up a few more at 6.61 - at least it brings my average down to a more respectable level.
if you dont mind me asking, how big a parcel of shares did you get so that the extra brokerage isnt an issue.
Cheers
Simon
That depends on what you call low. The last 6 months we have seen a downtrend, with a brief respite in September and now heading down again. If it doesn't hold around $6 then it could well fall back to long term support of $4. I have no idea whether that will happen or not, but on the other hand I don't see any short term reasons why this will all of a sudden turn around now and go back above $10 either.Doesnt it mean its simply a better buying opportunity when its low for a while. If the fundamental suggests it should be in the mid teens or higher (just an example) and its sitting on low 7's or high 6's, wouldnt you buy more of them?
Every Dog has it's day, just picked up a few more at 6.61 - at least it brings my average down to a more respectable level.
for all its worth our fat profits had another fatawah? on them this week saying they were all good and such. went on about positive clearing of books and same for future production etc etc.
i just looked at the years graph, what a symetric hill. what a dog.
i got a lot of mine from the summit gold takeover too.
if i wasn't so lazy i'd sell the f@#kers.....
if FAT said the opposite, the they would look pretty damn silly, since they have been spruking PDN forever - it seems. Uranium as a solution to Climate Change is getting lost amongst the other "Green" solutions.
so paladin make a positive announcement (https://invest.etrade.com.au/Quotes...spx?symbol=PDN&tab=ASX Company Announcements#) and the market is marking them down for it? As I write they are at today's current low of 6.720. (we are an hour ahead so the time was 2:43ish)
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?