GREY:SXRZF - Post by User
Post by
LouEon Oct 05, 2011 11:16am
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Post# 19121023
The smart money is in sub 2.50
The smart money is in sub 2.50By Christmas the ones that bought sub 2.50 will be making decent returns. Trying to time 1.85 is opportunistic and holds risk. The risk is low when you own it and ignore the volitility at these levels. I said 3 before 2....well the time spent sub 2 and the volume of shares traded below 2...well its like it never really happened. Congrats on the few that did get the timing right. Epik squeeze will enguage soon , and to be watching it and not participating would be brutal.
This volitility will trick some into thinking selling at 2.20 is good since it was atificially at 1.85 ...but this trap on low volume is a bad one. Once you figure out 1.85 is not happening again...and all of the scared are out...the price beats you up to 2.50 and moves towards value. U308 is headed to a 60$ a lb region.
The real big volume will come...and it will be buying.