Uranium Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Uranium Stocks

URNM 47.36

-0.9%

Oct 3 4:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: ItsAllCyclical	9/4/2024 12:18:48 AM
	of 28146

LOT now at the lows, down 10% for the day. If it finishes here or lower I'm convinced we still have dumb money to flush and/or shorts that are piling on. Either way I'm fine taking the other side of these folks. 90% of investors just rely on price for whether the news is good or bad. Most will be too lazy to listen to the CC and think it through. Eventually the analyst will raise target prices, but they'll get their clients in first. These offtake agreement (w/prepay) really are a win/win. The alternative is that you "hope" that you can get some supply? Only 2 hrs left. Looks like a close on the lows in Aussie land is likely and a further washout tomorrow to test the Japan crash levels maybe tomorrow if some of this doesn't reverse. Will be watching to see if CCJ at least shows some leadership tomorrow or if the physical funds can diverge more.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next