"we just need the SECTOR to fly once again."
Here's probably why Paladin sold off today:
Paladin Energy Ltd. (PDN - TSX) “chief John Borshoff has sold shares in the company he founded for the first time,” reports MiningNews.net. “It was revealed last night that Borshoff sold 6 million shares for around Aus$5.6 million for personal reasons. .... Borshoff still holds 16 million shares.
Borshoff likened the state of the uranium industry to a ‘supply train wreck’....’I can confirm that Paladin will definitely not be adding to production unless the price, in our case, is $85 or more,’ he said.”