RE:Talk about Bul-sh-t --- manipulationManipulation? Doubt it. It's because there is a complete lack of institutional interest in the commodity space. Uranium is one of the worst industries in a bad sector. The best way to play this is do what the institions are doing. They're just sitting back and accumulating small amounts daily on weakness. Why bother paying up if you don't have to?
This is the way market works. If FCU were a biotech or social media play you would be talking ICPT or FB. I will say I'm perplexed becuase FCU seems like such a no brainer. It certainly appears like there is a very high probability of buyout at what should be much higher prices. That means very high reward with very low risk....especially at these prices.