Taking “GOOD NEWS” as good news !!!
PAL has probably been a stock with the highest level of manipulations. It is amazing how this stock was fluctuating in the very abnormal ways for the past 7 months in which all the good news turned into bad news by the efforts of bashers and demoters. Especially with 5 consecutive biased bashing articles for undisclosed personal-profit-takings, posted by a Seeking Alpha’s blogger named “Fun Trading”, had extremely deteriorated the stock value and also jeopardized the momentums of every and each uptrend opportunities that created the huge shorts for himself and other shorters. He and other bashers stirred up investors and traders stressing and spreading rumors on bankruptcy, loan default, reverse split and many other twisted manipulations.
PAL, it seems now, finally reached the safe zone for “normal” trading considering a few factors such as; Yahoo Finance is not posting any more of the articles written by Seeking Alpha blogger; Seeking Alpha is on a law suit that they will be more careful about the contents of their bloggers’ postings regardless of the outcome of the law suit; further Palladium price escalation became inevitable; and PAL stock price had been bottomed out and stabilized.
It is the time for investors and traders who foresee the mid to long term investment gain in PAL, to have the ability to interpret and analyze “the good news” as “the good news”. Everybody remembers what happened after Q1 earning report. Although the result was out with the positive outcomes (Reduced production cost, Improved ore tonnage, Adequate operating cash reserve into year 2015, and etc…), the whole thing was turned into instant “bad news” overshadowed by one piece of company’s week point which was the debt matter with BAM. And on July 7th, when NAP declared the interest reduction, positive cash flow and Q4 forecasting for positive profit, the bashers once again managed to confuse the stockholders and turned it into bad news.
Now, it is up to investors and traders how to treat Q2 earning report tomorrow. I am very confident that we will be seeing the good news with the strong forthcoming projections.
“Good Luck To You All !!!”
