Sell in May and go away???I think we will have a steady stream of news as assays are processed and the end of winter drilling program . Then summer drill program starting on land in May and moving to barges in June.
More active than last year !
Look at a stock price chart for the full year of 2013. Those that sold in May and went away, lost a lot of upside.
Some investors sure get worried fast when the stock price is stagnant for a few days. We are spoiled as most of us have had stocks with long periods of no price increases, but we stayed long as nothing came to light to cause us to sell. This stock was $1.07 Dec31/13 and closed today at $1.65 , not many other explorers in this category!
My only concern is with the Dow, S&P 500, and TSX main board, they have been running up for some time and are due for a correction which could happen anytime. This should not affect this stock but a correction usually spills to all stocks.
As I have said many times before I have no plans to sell any shares until FCU or the U308 market in general, has some news giving me a reason to do so.