Stillwater Mining (PGMS) - pure platinum/palladium play Message Board

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Gold/Mining/Energy : Stillwater Mining (PGMS) - pure platinum/palladium play

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To: virginijus poshkus who wrote (108)	5/29/1997 5:29:00 PM
From: TATRADER	of 182

virginijus, looks like we nailed the breakout....The rectangle pattern held at 23.50....As I suspected the pro-traders were ready to move it up at the end of the day...I see a bump in the 24.87-25.00 area..Calculate 3 million shares of overhead at that level....Then next resistance at 28.12...About 2.4 million....Then the big short-term target of 30.00....I would have a position in North American Platinum if they didn't have that 100 million dollar note sitting in the wings....That stock definitely has less overhead and more leverage than this one....Regards, Mark

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