RE: anchormanSo you like UUU. Good. I like near producers and I think they are safer plays longterm but boring as hell once the spec appeal has dissapeared or diminished.
I like spec plays which are much riskier but again you can diminish the risk by buying at the early stages of the cycle. With most of these uranium juniors right now I'd put them in the mid stage where the funds are just starting to buy but the mom and pop has no clue yet.
If you look closely you will see the insiders have not starting selling much in any of the recent hot plays. They will sell to the real retail at much higher volume and prices.
Everyone is fretting over .10 when the real bull blowoff will have $1 and $10 swings in stocks. I played the last commodity bull before Bre-X and the Internet bubble as well. By comparison these fluctuations are peanuts.
So spare me the "pump and dump" references because I do my research and buy early and often and take my original position off the table after a stock goes up 2X, 3X or sometimes 10X on me. When I post a play it's because I did my research and called the management and know the play is about to begin.
So good luck with your UUU and CLL plays.
TB