GREY:SXRZF - Post by User
Post by
nasdaqmanon May 28, 2009 6:36am
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Post# 16022311
exciting trading day ahead
exciting trading day ahead
Today should be exciting and interesting. Chest pains anyone? Will we get 1.50> or <3.00?
A quick clear up of this misunderstanding could quickly bring us up to the 3 dollar range again but I am guessing it will take longer to sort this out. I am hoping for but not expecting a statement from Kazakh officials. Nortier seems pretty confident that everything regarding UUU is in order and as an investor I do believe our CEO and his statements. UUU officials appear to have contacted Kazakh officials and asked for both a meeting next week and a statement clearing UUU from all allegations. Lets hope this is the case and UUU is not suspected for anything.
However it turns out though damage has been done to the company. And the risk of having such a large percent of their operations in one unstable country has been brought to the table. The Kazakhs have hurt themselves aswell as this hardly makes it more comfortable for foreign companies to invest in Kazakstan.
Its the uncertainty that killed us yesterday considering that UUU has 68% of their operations in Kazakstan. Lets hope the uncertainty clears up soon.
I am holding on, even added a few before the close in hope of a quick resolution
Good luck to all longs