OTCPK:PALDF - Post by User
Comment by
longbondon Oct 06, 2000 4:00pm
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Post# 2619374
PRICING
PRICINGdone !
9.50 is the price and notice the large syndicate bid! Settles on 13 oct.
Its a stock pickers market and check out MDF IPO I bought last week up 50% despite a raging bear market.
A little more on MDA IPO this past summer as its circumstance is akin to PDL pricing. MDA tried to price 6 MLN shares at 19 and the price talk wne tquiet for a few weeks and the issue delayed. Finally MDA was priced at 14 for 4 million shares! It opened at 16! and once coverage by RBC DS a few months later firmed up the following.
I dont know the details but wouldnt be surprised if PDL cut back the total dollar amount and added more project debt.
have a nice weekend ! and remember real assets!. Remember in 1987 the base metals markets rallied from 1987 for 4 yrs! Some of the metals are in backwardation and if all 4 metals do its a bull!