Paladin Energy Ltd PALAF

A Good Day..

[madbiker44]

You know, I was waiting for a day like this since the Feb sell off when I missed a great opportunity to add to my position. Today though I was able to get more at $8.40. For those who take a long approach to PDN, this was indeed a great day of opportunity. I almost bought more yesterday but, figured there was at least another down day left in the commodities sector. Fortunately, I was right this time. However, I have missed great buying opportunities by waiting too long. Where do we go from here? I don't have a crystal ball and the fact is, it's anybodies guess what tomorrow holds but, based on the recent commditites trend, I expect a bounce to the upside tomorrow.I say that because of how PDN closed and my view of the charts. It was up $.13 cents from 3:40pm when I last saw the ticker on it. Despite the MM's and other deterents in the market, PDN is holding up rather well and I believe will continue to hold strong throughout the summer. I don't expect $10 without some fantastic news but, then again, I expect PDN to be a slow and steady climber, reacting to market moves and trends like any other U308 stock. Still holding for the long term...Mad