RE: next support level below $5.00Thats if and when I'll finish my buying.
IMHO ... Reasons for the drop are,
1. Dissapointment and uncertainty in the Queensland situation.
2. Many of the Uranium stocks are in a major correction phase right now.
3. This and several others had a "TON OF FLUFF" priced into them for various reasons. This has to be neutralized before we get a meaningful rebound.
4. Seasonal Factors for the market.
If you haven't sold out your position by now, you might as well hold on and if possible add some at $5.00 CNDN or less if we get there.
I currently have 6 Uranium stocks that are on my radar to purchase in the very near future.
Buy Low.....UNM