North American Palladium (PAL) Continues to See Pressure Below $2/Share; Volatility Elevated
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North American Palladium Ltd. (AMEX: PAL) shares are volatile again Friday following a downgrade at Credit Suisse on Wednesday.
Shares have really been pressured below the $2 support level.
Volatility is up 22 percent on the session from Thursday's close and at 170 percent of its historical average.
North American Palladium is off 7.8 percent on the session.
The move is curious given that palladium September contracts are up $10.85 per ounce.
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Shares have really been pressured below the $2 support level.
Volatility is up 22 percent on the session from Thursday's close and at 170 percent of its historical average.
North American Palladium is off 7.8 percent on the session.
The move is curious given that palladium September contracts are up $10.85 per ounce.
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They are driving stcok down.
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Paul Michael Calaizzo on Jul 16, 2012 10:07 AMMark as Spam | Reply to this comment
I agree with my cousin.