OTCPK:PALDF - Post by User
Post by
mousermanon Sep 13, 2019 10:35am
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Post# 30123555
End of the week profittaking
End of the week profittakingGotta be some taking profits here, as PDL has gone up fairly bigtime in the past month, and Palladium spot price coming down a bit after hitting alltime highs.
BUT i expect it to continue high given the supply shortage and situation in South Africa, where a significant amount of the supply comes from.
If we take the numbers from the last Q , input the average rpice for each metal they sell , we come up with quite a bit more revenue and profit than last Q . Now if production is increasing...... then the numbers will show a blowout earnings Q , obviously going to catch some shorters and traders with their pants down...