.....North American Palladium (PAL) Looks Good
North American Palladium (PAL, trying to put in a Cyclical Bear Market cycle low, like many stocks are, see http://stockcharts.com/charts/gallery.html?pal) looks good (not a recommendation, but, it's worthy of due diligence), see their second quarter 2008 financial results at http://biz.yahoo.com/iw/080807/0422915.html.
PAL (North American Palladium) has cash and cash equivalents of $72.548 Million as of 6-30-08, and, they reduced their debt to $18.80 Million from $39.10 Million. Obviously, in the current financial crisis, stocks with strong balance sheets are even more attractive as investments or trading vehicles.
I might day trade PAL in an IRA early next week. It looks like PAL might take a big dive early on Monday, based on the large spikes that occurred on the intraday chart late in Friday's session, see http://finance.yahoo.com/q/ta?s=pal&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=.
.......http://www.JoeFRocks.com/
NEM XAU HUI
PAL (North American Palladium) has cash and cash equivalents of $72.548 Million as of 6-30-08, and, they reduced their debt to $18.80 Million from $39.10 Million. Obviously, in the current financial crisis, stocks with strong balance sheets are even more attractive as investments or trading vehicles.
I might day trade PAL in an IRA early next week. It looks like PAL might take a big dive early on Monday, based on the large spikes that occurred on the intraday chart late in Friday's session, see http://finance.yahoo.com/q/ta?s=pal&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=.
.......http://www.JoeFRocks.com/
NEM XAU HUI
Labels: Gold, Gold Stocks, HUI, NEM, Silver, Silver Stocks, XAU
posted by Joe Ferrazzano at
11:48 AM
0 Comments:
Post a Comment
<< Home