Sticking with North American Palladium

A fantastic breaking news from PAL, North American Palladium,
on the evening of April 29, 2008 prompted me to write this article.<!--more-->

Meanwhile the agriculture selloff of the past two days requires some
explanation since my last article. Of course, all eyes are on FSLR on Wednesday for their earnings release. You remember that I predict that FSLR could go out of business altogether in a few years, due to a global tellurium shortage. Goldman Saches (GS) sold off virtually their entire stake in FSLR at the end of last year, while Piper Jaffray (PJC) issued an upgrade on FSLR. This market is a strange place, isn't it? But we all know today's market is extremely rigged. If PJC upgraded FSLR to $340 target, then it will be pumped to that target. But the reality will prevail at the end of day. How many people even bother to contact FSLR and asked for a quantitative clarification on their tellurium
supply? I am still waiting for a response from them and I am ready to
acknowledge mistake if they can show me with data they have adequate tellurium supply. I encourage them to go public on the tellurium issue!