Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: waverider who wrote (12045)	5/9/2002 4:24:15 PM
From: Davy Crockett	Read Replies (4) of 36161

I don't think so. IMHO, this company has been & always will be grossly mismanaged. If this company couldn't make it when palladium was making daily highs, (a year or two ago), what makes you think that they can reverse course when palladium is no longer in a bubble & FORD has a billion dollar plus inventory on hand & Russia is ... disinterested)? Check out the charts of both PDL.to & SWC & the commodity palladium. Those charts will tell u everything that u need to know about this company. 3 yr daily bigcharts.marketwatch.com Just eyeballing the chart, but it looks like it keeps on bouncing off that longterm (down) trendline & the descending 21 weekly ema. Also lower highs & lower lows r in play according to the weekly chart (not shown) FWIW & IMHO only Regards, Peter

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