Paladin Energy Ltd PALAF

Short squeeze just around the corner

[sccool50]

We have been dealing with a well organized army of shorts that have been working PDN for a year. When the spot price gets above $50-55 or another positive announcement the share price will take off again.  Shorts have been holding at 110,440,360 or 13.2% of the shares and have not had any significant impact on the price of late, they have become ineffective in this long term strategy.

Shorts can only win the in the long run if a company goes bankrupt or wide spread corruption which is not possible in the case of PDN. Otherwise it's just short term price manipulation for these parasites whilst they hope they don't get caught out by a good announcement.

Unfortunately this strategy will only work for a few more weeks or perhaps months. Beyond that there is the probability that Japan turns on its nukes in the northern summer as they have committed hari-kari with their currency and will need to turn them all on this year.  The cost of importing NatGas/Oil has gone through the roof and this will force the restarts early.  Also have  the near certainty that Russian / USA megatons to megawatts program formally ceases towards the end of the year (causing a significant shortfall in supply).

 

Shorts can do what they want for now in my opinion, but they have lost their edge.  So if you're looking for a great mid to long term investment or short term trading stock like me the opportunity to acquire at these prices on the dips is compelling. But in the long run shorts will lose grip and the share price will snap north and when that happens it will be pretty picture indeed.  GLTA