Post by
BillionaireBoy on Apr 24, 2019 3:02pm
Palladium is at $1420 per ounce
and this stock is still languishing because of Brookfield selling a 10% stake to the banks which shorted this down from $26 to $13.00 where they bought the 10% stake from Brookfield. You would figure now that the Banks (or underwriters') would at least support the stock a little bit. They seem determined however to keep a lid on the share price. Doesn't Brookfield want to sell another 10% stake in the $25-$30.00 range? GLTA Longs
Comment by
macdtrader on Apr 24, 2019 3:52pm
The banks accumulate it all day then slam it to negative or unchanged at EOD so the flags don't go up and competition rolls in.
Comment by
Jaydcrzy on Apr 24, 2019 3:53pm
lol I was just going to post that.. At least they are consistent. Its ok brokers like to pull these games before they start an uptrend.
Comment by
Jaydcrzy on Apr 24, 2019 4:22pm
woohoo virtual high five!
Comment by
macdtrader on Apr 24, 2019 5:30pm
Quite a close. The reversal is near.
Comment by
Jaydcrzy on Apr 25, 2019 10:20am
The DOW is due for a major correction. PDL can move hard once money moves sectors. Regards Jayd