Uranium RalleyI have been in Uranium stocks now for roughly 15 years and I have heard a lot of sales pitches from the salesmen! In my foolishness I believed them! I bought stocks and made a pot full of money one them. And then I decide to sell and just before the crash in 2007 and I did, I never had one penny in the market. Then with in 2 weeks the markets all tanked and I listened to a friend of mine about all the doom and gloom predictions that the whole economy would tank and that was very unlikely! So I waited another 2 months and bought back in. I thought the market had bottomed! But I was wrong It was just started to bottom and I lost 75% of my investment that year and on top of it I had to pay gains on my sales from 2 months before! I was in the poor house!
Last Thursday I sold 35% of all my Uraniun Stocks I made a nice profit! I Am not sure if the ralley will continue or not but I seen the volumes of sales slowly get smaller and smaller! And I kept checking the weekly UXC price and it was stagnant! It made me feel uncomfortable but I still kept 65% hoping that I was wrong on my analyisis>. Good Luck to all including myself! Happy 2021!