Monday, February 4, 2008

Paladin (TSX-PDN)

We stepped and bought Paladin to-day at $4.65 (TSX-PDN)

For two reasons

The uranium sector has completed a nasty A-B-C type correction that began in May 2007 and has signal and end with price divergence at (A) and (B) - stock vs. a bellwether

The peers - the alternate energy group are also on the move - solar,coal, turbines, fuel cell are displaying strength - even dog Ballard Power showing some life signs
Stop at a new 52-week low









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