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Re: PENNYPRINCE 1 post# 2357

Wednesday, 06/03/2009 6:38:21 PM

Wednesday, June 03, 2009 6:38:21 PM

Post# of 4492
I was going to sell today , but I was on road early today , did not get ot my desk until 11AM , the bid was already gone , PAL was down 11% today.... But I am in PAL common just under 2. Calls are Jan2010 expires, I have Jan2010 call 5s NOT 2.50s , my Dad has the 2.50s, he got in early sold and rebought already. He saw a thing on 60 minutes about Palladium and "cold fussion" , it is the primary or only metal that can be used or something... PAL shot up over $1 share within 2 days of that story.... AND PALs' main mine is CLOSED right now going thru a 30million redo and price got to low they shuttered osme of it , the minute that mine goes back online PAL is a double IMO , Right now Palladium is depressed becuase of the automotive play , it needs a new high profile industrial use , same as silver , all these new uses for silver are going to eat up supply , add in some investor demand , ETF demands , the metals that have growing uses are going to do well, Silver, Palladium , Platinum , IMO Gold is a pure hedge not a lot of industrial beyond the jewelery....


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