GREY:SXRZF - Post by User
Comment by
wavepsycheon Dec 23, 2010 12:47pm
350 Views
Post# 17888726
RE: Target for 2012 2013
RE: Target for 2012 2013A 30% spike in U308 spot price is easily attained if oil hits $120/barrel. Now give U308 a premium because it correlates well with gold and other precious metals; lets say a 25% premium. Add a premium for UUU having such a low P/E (e.g., vis-a-vis CCO), so 200% to reach CCO's P/E.
$4.75 x 1.30 = $6.18 (U308 price spike effect)
$6.18 x 1.25 = $7.73 (25% rare metal premium)
$7.73 x 2.00 = $15.46 (P/E expansion)
Using a Drake-like equation, UUU can conceivably hit $15+. Factor in a short squeeze before all these assumptions occur and you can let your imagination soar.
Happy Holidays to all and good luck to all UUU longs :)