Bullboard - Stock Discussion Forum North American Palladium Ltd (New) PALDF

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North American Palladium Ltd is a precious metal mining company. The company operates the Lac des Iles palladium mine located in Ontario, Canada, which is one of only two primary producers of palladium in the world. The group believes there is exploration upside near this location, and the limited number of primary palladium production areas also offers investors exposure to palladium prices... see more

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North American Palladium Ltd (New) > Lack of tradable shares

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Post by onepoint618 on Mar 08, 2019 9:41am

Lack of tradable shares

It only took 17,000 shares to move this billion dollar company up 5.5%

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Comment by diabase1 on Mar 08, 2019 9:49am

and if IR thought that algorithmic programs was the reason for the fast trading, I can't see options doing it!!

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Comment by alwil106 on Mar 08, 2019 10:17am

That's what PDL said in reply to my e mail. Thanks for your note and interest in NAP. Although our fundamentals are very strong there is no doubt that the very rapid run up last week and the subsequent sell of this week is a result of a very small float combined with the impact of algorithm-driven trading. but if you compare the chart for palladium bullion and ...more

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North American Palladium Ltd (New)