RE: RE: RE: BargainIt will be a while before we see 80 cents again, but yes, it is WAY, WAY overdone. Nuclear is not going away long term. No way. Otherwise oil would go through the roof and the economic recovery would be derailed.
New reactors are extremely safe anyway. The industry has an incredible safety record.
Forty-year-old reactors hit by one of the largest earthquakes in history and then swamped by a tsunami is not representative of how well nuclear has held up since Chernobyl, another OLD reactor that wasn't properly maintained.
Uranium is coming back. It's just a question of how long it will take.
Think of BP at the heart of the Gulf of Mexico oil spill (directly responsible, not just a player in the industry):
April 23, 2010, stock price: $59.88.
June 25, 2010, stock price: $27.02 (worst close after the spill)
March 4, 2011, stock price: $48.56 (just prior to this latest market sell off)
Don't beat yourself up too much. A rebound is coming for UWE and other uranium stocks too.