OTCPK:PALDF - Post by User
Comment by
diabase1on Apr 01, 2019 4:00pm
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Post# 29565859
RE:RE:On Shortdata.ca the short Volume
RE:RE:On Shortdata.ca the short Volume “We shorted June palladium at $1,431.50/oz, in anticipation of prices dropping towards $1,230/oz. We are taking a punt on the possibility for prices to acknowledge the sharp deterioration in the demand outlook. Acknowledging that timing the end of an asset bubble is a risky proposition, we keep a tight stop at $1,500/oz,” wrote TD Securities head of global strategy Bart Melek and commodity strategist Ryan McKay.