RE: RE: RE: RE: Opinion Please.URE has a lot of potential and its a relatively safe play because they have cash on hand and we know they're going to be a producer.
One only has to look at the 2 year chart to see the type of potential that URE has. Under the right conditions, there's no reason why URE can't hit new 52 week highs.
URE could drop below $1 again for a short time - who knows. But because the upside potential is so much bigger than the downside risk, I think it's worth it to at least have a partial position. You might get lucky and get some filled below $1, or you might end up watching your partial position turn into a double or better. Either way, you'll be ahead in the long-run because URE will trend higher.
Recently took some profits on some speculative plays, planning to add to my position in URE.