OTCPK:PALDF - Post by User
Post by
mousermanon Sep 06, 2019 2:20am
129 Views
Post# 30101177
Palladium passes gold again in US $
Palladium passes gold again in US $ Was surprised to see the selling in PDL today given the move in the PGM stocks again....
Profits and revenues are looking even more attractive. I think just a shakeout as others have suggested here.
I know a lot of cash poured into the financials today, on the chance of a hopeful solution to the TRUMP trade war bullying.
I am not getting sucked into that trade. have enough exposure to the financials already and cant see a more under valued play than PDL.
If it falls to 15 $ i will have to sell some of the financials , and load more. I still believe 20$ in the cards before the NEXT q report. Right now PDL likely trading under a 4 P/E for 12 month forward earnings.... IF the palladium price continues up ....