You need to see how strong the rally on platinum and palladium is: http://www.apmex.com See the historic and spot price chart here: http://www.kitco.com/charts/liveplatinum.html http://www.kitco.com/charts/livepalladium.html It would be ab absolute sorry if you miss the opportunity to buy PAL below $4 today. The stock just can not be supressed like this for long, with such strong PGM rally. Buy PAL NOW!
Looks like he could be Mr. Iain Doran: http://finance.google.com/groups/pr...AAs2waQXjuZabea_0sM5aQlo4cocwWvDVg2RHsu8f1bCg How is that for CIA? zing!
No I do not know who is Iain Doran. Spend your time study the PGM metal fundamentals, and the PAL/SWC stocks, rather than waste your time speculate who is who. The platinum price breaks new high overnight. That is a fact. http://www.seekingalpha.com/article/55173-palladium-an-investable-metal-that-defies-physics Why PAL was oevrsold: http://seekingalpha.com/article/57172-calling-a-north-american-palladium-bottom
If you believe the maximum pain theory, which normally is correct, then PAL should close friday at much higher price: http://finance.yahoo.com/q/op?s=PAL Extremely high outstanding put options for december, compare with other months. People who exercise those puts will end up bringing up the stock price. People who believe maximum pain theory will also bid up the stock price to where the maximum pain is. So maximum pain is usually correct.