Post by
mouserman on Sep 06, 2019 10:29pm
buying the pullback
nothing has changed as far as economics of the company or the future nearterm profitability.
PDL still trading at a ridiculous low P/E , has little to no debt and just paid a big extra dividend last Q , with Palladium price that averaged just under 1500 Last q report.
So with higher by product credits in this Q compared to the last , we should see even more profits and better margins. Might just see a .50 extra divvy next Q , if Brookfiled feels they want cash, as compared to a large bankroll in the PDL account. Sold about 700 shares near the top and today bought back 400... Soon will also have the dividends income in my accounts and can also put that cash into PDL.
Hard to find better deals out there.
Comment by
goldstd69 on Sep 09, 2019 10:59am
just noise..exactly...PALDF working its way higher on the daily and weekly charts...as is PD....buy and hold...jmho
Comment by
macdtrader on Sep 10, 2019 10:59am
I had to add this morning. OK PD blast through $1600 already.