GREY:XEPRF - Post by User
Comment by
Brittany0308on Jul 20, 2007 2:44am
134 Views
Post# 13121742
RE: XE trend is down
RE: XE trend is downher targets are way off thats all i am getting at here. Seems like its the same pumpers in this board and her messages are getting old as they all sound the same. EEV looks like a ski hill. Xe is trading sideways and on downward pressure. Uraniums are to be in a Summer Rally as most others are but XE really has not impressed me enough to buy a position. Maybe the major outstanding number or shares plays a factor in it. Maybe the fact that the company has sat still for 5 months and not progressed when uranium has more than doubled in the past year. Bottom Line I would not want to put 100 grand on a stock like this have it pumped with no news of significance and at the end of 5 months still be sitting at the same amount or less. That is dead money, News comes out and XE goes down.
Something is wrong here.
$1.79 @ 107 million shares outstanding and no proven pounds in the ground by way of drilling is not impressive.