RE:RE:RE:RE:What is driving the stock price up and up? I have no such long-term price goal. My only long-term plan is stay through the price crunch up above 60 and a bit more if I don't see a large market crash in my imaginay crystal ball. I strongly doubt I will have uranium stocks longer than 1-2 more years. This is a sector with a unique downward risk. If you haven't done it, go back to 2011 and watch what happened with the stocks after Fukushima. As I remember it was 30-50 percent down on day one and 70-80 percent in a week. I cant come up with a sector that has this inherent risk. It is impossible to say what the uranium stocks will be valued at then. This is a pure price speculation for me. I have mostly larger companies and very small positions in juniors. Perhaps I can have a small position in a company like EFR later on but that depends on what happens with the sector after the spike and if uranium stocks become part of the ESG-train.
The whole stock market is a casino nowadays and valuations are all over the place. We might get that with uranium too but nobody can tell for sure. Therefore I believe its is better to focus on the uranium price and the overall picture rather than valuations. The market is not about valuations anymore anyway.
I burned myself 2007 but was very early out 2011. This time I have a realistic possibility to make life-changing profits and need to keep from becoming too greedy. You dont want to be too late out in this sector, just look at what happened to stocks when the spot peaked at 34 USD in may-june last year. In five years you will appreciate your profits more than what you missed out from the top. Try to look at alternative sectors and weigh alternatives rather than focusing on making the perfect peak exit selling.