PAL - I don't follow this stock nor the palladium metal itself... Just took a quick look at the PAL chart... Here is what I saw:
PAL moved down 42%, from $5.26 (4/23) to $3.02 (5/20), in just one month.
PAL moved up 70%, from $3.03 (8/24) to $5.17 (11/04), in more than two months.
The stock was in the $3 - $3.50 trading range for three months (5/20 to 8/24) before it made the last move up.
I saw that PAL was trading as high as $11.98 on 5/07/2007.
Anyone wants to elaborate about this stock/company? I presume that the price of palladium was much higher in 2007.
Thanks!