congrats to those that played risk, and made somehttps://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=UUU&t=LIST&m=29439172&l=0&pd=0&r=0
I have been reading between the lines of the reports, and way back on the 13th, I was thinking this eas headed to a level 6 accident. I do not believe we will see an upgare...or downgrade I suppose to a level 7.
The uranium markets are doing the speculative training, since there is lots of money on the line. Separating the market from this accident...it is a bad situation....and not nearly resolved.
Your job is to play the risk game and invest on either side of the curve. The ace you have is knowing..through all the BS, that this accident is the real deal...so decide how the outcome will playout short and long term based on the ending.
I believe nuclear is the only answer long term. That is a given, but the markets, and politics can rock things along the way. Volitility and people losing big while others gain...based on volitility from market makers speculating.
For me the real situation is just how much of a supply demand crunch do we get over the next 4 years. THAT was the bullet we had to making big gains. I feel that the demand has been lessened, such that the ending is the same, but the rate at which we get there is now slower....meaning NO HUMP in the price of Uranium.
Without that big spike of 150 bucks a pound for a few years, the opportunity has lessened somewhat.
I do not see Uranium ever breaking 100 dollars a pound again at this point...ever. I do see all of the futures energy needs being dealt with via a nuclear program. I do see speculation becoming a big factor in UUU....and I do see manipulation. Risk has increased.
Make buy and sell goals ...and stick to them. If you get caught chasing this...you will lose. (due to the vilolent volitility)
I expect a price of 4.75 in 12 months for UUU with highs and lows inbetween and even above 4.75 for some trading weeks. I expect the price of U308 to be 60 dollars a pound in 12 months also.
I have not touched UUU stock since the last time I shorted it. Although I am looking to play the short term daytrade on it when opportunity is in my face starring at me.
Lou