Thanks for the offering of good luck, however this is one company that I feel should do quite well. I can't understand the volatility with all of the good news they continue to report. Mines operating better than nameplate, growing reserves, and a steady stream of new reactors under constuction or planned, not to mention the top Uranium pick of most credible analysts.
I haven't figured out the details yet, however they may be suffering a bit of a hangover from derivative traders at some of the big investment houses. Since Uranium is not sold as a commodity it was not as easy for the bandits at Meryl Lynch and Goldman Sachs to get in on the pre meltdown uranium craze. I read one story about a fight over a huge block of shares between Meryl and Paladin directors. Haven't had a lot of time to research these things, however I, along with almost every credible analyst out ther are very bullish on their future. I am not inferring that I am credible, but I am in good company when I own PDN.
PS
I quess it could be just some profit taking after a very good run since December.
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