It Is What It IsAt least we know FIU in itself is not the problem.
We all know FIU is a uranium stock....or at least viewed as such....it is what it is.
From the year highs:
UUU is $7.02 -> 2.75 down 61%
PDN = $5.88 -> 2.78 down 53%
DML = $4.44 -> 1.78 down 60%
FIU = $1.49 -> .52 down 65% ...... take into account 30% financing dilution = $1.05 -> .52 = down 51%
Definitely a sector and market problem. The one bonus is that FIU has growth built in. That combined with a turnaround in uranium market sentiment and we should hit the target of .65 (kidding).
Much of the negative uranium market sentiment is due to Germany. Isn't that the same country that killed cucumber sales in Spain and bean sprout sales in France? Shoot, ready, aim.