Uranium BullIf this is the start of another uranium bull I can only say hang on. The last time around I let go too early and missed out on a lot of huge gains. The easy money is being made or has been made in the mid-tier uranium stocks, but this one seemed to lag behind its peers possibly because of the casualty they had at their mine. Easy money being when they are below a dollar and then jump to $3-$4 which is what several mid-tier uranium stocks have done already. Regardless, if this is the start of a uranium bull it is a no brainer, put your money in good solid uranium stocks and hold them for a few years and you will make a lot of money. Despite what others think, this stock was valued at $8.00 at one point. Could go there again if another uranium bull gets going. Patience will be richly rewarded if this is the start of another uranium frenzy. Last time Ux went from $7.00 to $145.00. I believe it could go there again. Truly a nice entry point at just over a dollar.
Question to the lawyer would be how did the market value this stock at $8.00 or even $14.00 in 2007? I think your $2-$3 price target is pretty weak.