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Bullboard - Stock Discussion Forum Denison Mines Corp T.DML

Alternate Symbol(s):  DNN

Denison Mines Corp. is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The Company holds a 95% interest in the Wheeler River Project, which is a uranium project. It hosts two uranium deposits: Phoenix and Gryphon. It is located along the eastern edge of the Athabasca Basin in northern Saskatchewan. It holds a 22... see more

TSX:DML - Post Discussion

Denison Mines Corp > Super low short position.
View:
Post by MaxMach on Apr 07, 2021 9:13am

Super low short position.

I'm not sure if some are intentionally trying to mislead people into making a poor investment decision or if they don't understand shorting well enough to know that their numbers mean nothing. Anyone with half a brain can look at the DML chart and instantly see that it is not an equity that would be highly shorted, absent perhaps its short run up to $2.29 which most would have likely covered by now. 

The outstanding short position stands at roughly 1%, well below most stocks. Don't be mislead by people that are posting useless information in defence of their own poor decision making.
Comment by RayDonovan78 on Apr 07, 2021 9:39am
Anyone with half a brain would know the difference between an investment and a gamble. And anyone with half a brain would know posting on these board do not influence the stock......Just posting the FACTS !!
Comment by MaxMach on Apr 07, 2021 10:43am
While you look at buying stocks as a gamble, I look at it as a proposition with quantifiable risk. If you were to do more DD, you may realize that U308 has a place in our future when it comes to reducing our carbon footprint. If you don't want to look and simply continue posting what you refer to as "facts", misleading or otherwise, go ahead. Just seems like a waste of bandwidth to ...more  
Comment by RayDonovan78 on Apr 07, 2021 12:04pm
I never said buying stocks is a gamble, there are many investment quality stocks. Your assuming with narrow minded thinking I am bashing nuclear energy, I am not !! Nuclear energy may be the energy of the future but that is not going to happen anytime soon as nuclear power plants have more sigma than fossil fuels. Fossil fuels are not going anywhere for decades, decarbonization of fossil fuels to ...more  
Comment by hockeyplayer on Apr 07, 2021 1:32pm
Must be a down day, Ray is back with more hot air. Ray says nuclear is not going to happen anytime soon, yet there are over 50 new reactors under construction and hundreds more on the books. That is a fact. How many new coal and gas fired plants are being built Ray??  That would be bringing an actual fact, rather than an opinion. There will have to be many more uranium mines starting ...more  
Comment by RayDonovan78 on Apr 07, 2021 4:00pm
This coming from the "hockeyplayer" who follows a black dot on a white surface...Lol....Your like most hockey players....You cant read as I post the FACTS daily and nuclear may be the future but not ant time soon !!! Keep dreaming !!!   SEE YOU SUB $1.00 
Comment by autofocus111 on Apr 07, 2021 10:55am
Ray, Obviously DNN is a speculative play. But anyone with half a brain knows that the 'short volume' data you keep posting is meaningless. DNN is a high risk/reward venture, since a positive long term outcome depends not only on a global recovery in U prices but also the successful execution and ramp up of DNN's mining project.
Comment by RayDonovan78 on Apr 07, 2021 12:14pm
Anyone with half a brain would know it is not meaningless. When daily short volumes are high it tells you that the stock is either being day traded or manipulated.....And if it was meaningless just ignore the posts, Right !! Facts are Facts, You are correct about the "high risk" See you SUB $1.00
Comment by MaxMach on Apr 07, 2021 1:18pm
But its not the daily short volumes. It's a percentage of the outstanding short position to the daily volume. A completely useless number. But, if you want to rest your hat on it and believe that the stock is going to $1.00, that's your prerogative. I completely disagree. 
Comment by autofocus111 on Apr 07, 2021 3:55pm
Ray It absolutely is meaningless to anyone that is not a daytrader. Are you a daytrading DNN? 
Comment by RayDonovan78 on Apr 07, 2021 4:06pm
Nope, As I said before I did 3x and 4x on the recent run up and have 2x many times in the last 10 years..... Just sitting back waiting to do it again. Anyone who puts money buys at this level is gambling, nothing more.  It will drift back down sub $1.00 its just a matter of time.
Comment by autofocus111 on Apr 07, 2021 4:39pm
Ray, Swing trades work... until they don't. The next ten years will not look like the last decade (unless you think another reactor metldown is coming), and DNN has been repriced to reflect this more positive forward view as well as the fact that they have meaningfully advanced their project and the timing to bring it online looks pretty good now. I doubt this will go sub-1 again.
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