OTCQX:PALAF - Post by User
Comment by
madbiker44on Mar 24, 2007 9:13am
561 Views
Post# 12481674
RE: Uranium Market Still Has a Long Way
RE: Uranium Market Still Has a Long Way Good post acs565!
I totally agree with Andrew Ferguson's outlook as does most experts in the field. The key word is LONGTERM. Those who buy stocks such as PDN, CCO, DML, LAM, SXR, AXU, etc... will profit more than one can imangine over the next couple of years. That's not to say that there wont't be dips and curves on the way but, setting ones sight a couple of years ahead will achieve ones goal.
I realize not everyone agrees with my style of investing but, people like franknstein who try and time the market usually achieve much less over time that a long term holder of quality stocks like PDN, CCO and others.
That being said, next week looks to be interesting as far as resource stocks go but, we are reaching a frothy top once again as the resource sector as been freed by a hike in the U.S. Fed interest rate last week, at least for now. Because of that we MAY see some profit taking mid next week.
As for U308 stocks specifically, they are still rebounding from the last beating they took a couple of weeks ago. In my opinion, we are still at a decent entry point for new investors as we are going much higher over the next few months.
Have a good weekend....Mad