OTCQX:PALAF - Post by User
Post by
fredviewon Mar 30, 2015 6:28pm
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Post# 23579024
Watch the 30 cent level
Watch the 30 cent levelLooking like a slow melt down in share price. Still expect to see a major consolidation on a huge rollback, perhaps a 10 or 15. In theory a rollback shouldn't impact share value however in situations like this it's usually very destructive. Watch CCO report dismal numbers and see what happens to the over leveraged players like PDN. A dip into the 20's could be the last straw.