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Quote: "buys overshadowed sells by a wide margin." But the price fell by 15%. Thems some good buyers.
Obviously you're failed to comprehend my post. When the M&M's naked short, that's what happens when they need to cover.
Do you even know why they naked short?
I agree totally, you are a thinker, not too many on these boards that I can see.
Luck to you..
I doubt whether the US will see much of that Palladium. The Swiss are neutral and will not do anything to piss off the US and Europe.
You might not see those prices again. The high volume breakout on Monday was a signal of possible turn. The selling on Tuesday was largely induced by M&M's trying to cover Monday's naked shorts. Did you see the buy/sell ratio yesterday? Buys over-shadowed sells by a wide margin. Today's dip to support finished that covering. Right now the stock is trading at .16 cents. That number could look like a great buy in a couple weeks. Chart could be setting up for a nice hammer. Could we see a green finish today?
There is way more paper (derivatives) trading out there than there is actual metal. THAT determines the price.
The paper (or contracts traded) will always follow what is happening in supply and demand in the long run. Example is oil contract trading. Many went long at 60 and $70 only to get burned as prices continued to sell-off.
The demand for Palladium will continue to rise, especially if sanctions are tightened on Russia's ability to export goods. The US and Europe are trying to squeeze Russia as hard as they can. Added sanctions are coming.
Try other boards like Yahoo, ETC..
That's what happens when a stock sits in a depressed sector. That said, if you look closely at trading action in this sector, you will see the bottom has formed and money is starting to enter this stock and sector.
If you are a forward thinker like Buffet, you will buy now. Blood in the streets usually means sunshine after the storm. This sector is turning and what PAL produces is in high demand and always will be. Pain now equals pleasure later.
Don't let the bashers win, they are wrong.
According to one Seeking Alpha writer, PAL could see $1 by years end. See full article at: http://seekingalpha.com/article/2707655-the-turnaround-story-at-north-american-palladium-is-growing-legs
The chart indicates that PAL has been in a strong downtrend for the last two years. Over the last six months that downtrend has started to flatten. With the Q3 2014 earnings report and the Q3 2014 Drilling Report, the fundamentals have changed to a much more positive outlook.
Unfortunately PAL has had credit problems, so it also has credibility problems. Investors likely will not rush into PAL until they see the likely great results from Q4 2014. Investors who are willing to take a chance can probably make some good money investing in PAL at this time. The turnaround story is looking substantially more solid after the Q3 2014 earnings report, the Q3 2014 Drilling Report, and the October 2014 unofficial production report. PAL is a buy even on low credibility.
I wouldn't put too much money into PAL; but PAL stock could easily reach $1 or more in the next year. If it did that it would be more than a seven-fold increase from the closing stock price of $0.14 per share on November 21, 2014. Some point to PAL's lack of ready cash; but PAL's management says it expects more of its $60 million credit line to become available in Q4 as it proves its production has increased. Plus it will get more money from sales during Q4 2014. I find management's argument very compelling. As long as there are no disasters in the near term, PAL would seem to have turned the corner. It is a buy.
To further back up this assertion, PAL has recently been negotiating the acquisition of equipment from Caterpillar (NYSE:CAT) using Caterpillar Finance at attractive rates. Caterpillar would not likely be willing to do this unless it viewed PAL as a reasonably stable concern. It seems a virtual certainty that Caterpillar has gotten a good look at PAL's books. PAL stated in its Q3 2014 earnings report, "a major recent agreement at very attractive rates was agreed to in the third quarter with Caterpillar Finance." This sounded like at least some purchases would be made soon without PAL having to go to find extra monies from anywhere but Caterpillar Finance. This is one more encouraging sign that PAL has finally turned the corner.
That might have been the final wash-out before the pop. Very fast drop to take out stops. .14 cent support held. The run to .21 cents started at .14 cents so the stock did a 100% retracement. That usually marks a bottom and turn up, we'll see.
Book value here is .54 cents. It will eventually move up to book as most small miners move off the bottom. The mining sector is turning up yet most traders fail to recognize that fact. Now is the time to buy.
I think BK in less than 6 months.
About 95% of their revenue is gone and you think that is good news? Unless they find new clients soon, they will not be able to pay their bills.
How can they do anything cept file BK? The only hope they have is for Quant X to pay them but that doesn't look good. Other than that they will have to liquidate assets and file. Share holders are about screwed, IMO.
I think that right is only in the case of a hostile take-over.
In time this will be over $5. You didn't see insiders buying at $5 for nothing. It will surprise you.
Why what?
Why is this board so quiet? It's no surprise to me this keeps going down. I think we go lower yet, testing the recent low of .64 or perhaps even lower. I don't know about anyone else, but I'm looking forward to it. I keep buying as it dips because I feel this is worth over $5 a share where insiders first started buying. In a couple years I see 6 to 7 times my investment.
LOL, when I was a little younger than that tot, I stuck my tongue in an electrical outlet. I lived to tell about it, but perhaps that explains a lot, ha?
Upon looking at a chart, gold could be putting in a bottom.
Wow, perhaps you need a reading comprehension class. The word fool was not directed towards you, it was more of a metaphor, like saying only a fool would stick his finger in an electrical outlet. Get it?
http://dictionary.reference.com/browse/metaphor
Interest rates just bumped to 17% in Russia. They're feeling the pinch.
http://finance.yahoo.com/news/russian-rate-hike-stunner-220200662.html
The link isn't working right, it's not showing prices. Type in Kenosha, WI to get prices in my city
Who knows? That price will come, the exact date is the question.
Just a side note, I filled up yesterday at $2.19 a gallon.
The drop in oil and US and Europe sanctions. Russia is starving. Oil and natural gas is about 70% of their exports.
http://www.bloomberg.com/news/2012-12-13/russia-at-risk-from-dwindling-oil-reserves-european-bank-says.html
Gold and oil may not continue their sharp declines, but they may base for awhile at their lows. No one knows for sure what's gonna happen. That said, your time estimate makes sense to me.
You have a 50% chance of it going up. But, guessing a stock or metals price going forward is a fools game. Not too many guesses are ever right.
I see early 2015 being weak for Gold and oil. Why? They are both in a down-trend. Trends are like a freight train, they are very hard to stop and turn.
The over-all market could be entering a down-trend also. People should go short into the next hard up day or just stay in cash.
LIQD:
This is interesting, perhaps the company has noticed some entity or entities sniffing around for a take-over bid. The value of this company is not reflected in the current share price, not even close. The stock has been a complete POS! That said, could this latest PR unlock some hidden value?
http://finance.yahoo.com/news/liquid-holdings-group-adopts-stockholders-025122508.html
They fear a take over, perhaps this will start moving the stock. The value is here, just not recognized.
LOL, the markets are not easy. Only thing easy is losing money. That said, hold on to this and you will eventually become a winner. Company has a lot of value not yet reflected in the share price.
If it were true, I doubt the company would recommend selling at a mere $3.90 a share. The company is worth more than that based on growth alone IMO. If there is an offer, it would have to go to share holder vote. Before the vote, the stock price would probably rise to reflect the offer.
That said, insiders do own the majority of outstanding shares so they can do just about anything they wish to.
LOL, you're really reaching. Show me any public company that doesn't issue shares. Microsoft issues shares all the time. This company is eliminating debt for shares. It's a trade-off. Besides, the amount of shares to be issued is nothing compared to the potential.
Tell ya what, just short the stock. Come on here and post how many short and at what price. Then we'll see how you are doing in a couple months. I'd bet I will be happier being long than you will be as a short. Put up or be quiet.
This stock is worth over $10.00 a share on land value alone. That says nothing about the .83 cents a share they just made. I'm glad they reverse split. Now the stock has a great chance to rocket uo with only 13 million outstanding and about 5 mil float. It has great potential now, but some just can't see that. You should read the earnings report. You'd prpbably quietly buy in.
Look at the earnings report before you talk junk about this going down. They just made .83 cents a share and reduced debt. This is going up, not down!!
Good job, that is a killer report. This will move up!!
I don't know how high ZAZA will go, guessing has always been a weakness of mine. That said, it is way undervalued. I think (if I remember right) they went from over a $2 loss per share to .83 cents a share profit last Q and same Q last year. Nice gain ha.. You know it's going up eventually.
ZAZA Doing what I like!! Gonna be a good one.