North American Palladium Ltd (New) PALDF

Why Brookfield Management would Sell

[BillionaireBoy]

their shares at half price of what they are probably worth on a fundamental basis is beyond belief! The Banks just cost investors a lot of monies. Royal Bank and BMO should have a Class Action Suit leveled against them! The stock price should start to recover after the closing on April 16th. GLTA Longs.

[Jaydcrzy]

Because Brookfield can do whatever they want unfortunately. I don't see how this is not insider trading.. And how did they end up with 13$ as a price, do they just through darts a a board.. ok here you go 75 million bucks ! I will try to average down , Either that or take a nice loss.  Good luck Jayd

[rob_o]

Great entry point for some :)

[divestor]

This needs to rise above the offering price for the institutions to sell it, no?

[rob_o]

Q1 should be out next month, no? ;)

[Jaydcrzy]

Depends what institutions you are talking about? The ones who are buying in at 13.00$ would most likely not sell bellow that price . Otherwise they would just lose . The ones selling right now are trying to buy retail shares lower than that price because they assume it will be a bottom.   You have to keep in mind this float is extremely thin. Only 10% , It is as close to a private company as