Uranium One Inc SXRZF

CCO 1.34% UUU 1/3% ouchie

[LouE]

Oct 24th...uuu 2.27 news of nov 7th earnings release, and the big guys buy.
Buy on speculation sell on news is the goal.
Price runs up to 3.10 then some profit taking occurs.
Nov 8th with news now rerleased the selling starts.
We close at 2.80 on decent volume.

In 15 days the big volume makes 23% for absolutely no effort...just buying the day of the news...and selling on the earnings day.

This is why what happened today happened.

When the profit taking is done...those players will be onto the next company to buy and then sell on news.

Next week after all of the volume that bought early and is now dumping in the 2.80s will be out....then UUU will trade at a value that represents the good 3rd quarter earnings fully...we break 3 bucks.

Price could go low this week if the buy volume can't keep up to the sell volume that needs, and wants out...(its their plan and they stick to it)

Do not get sucked into selling low this week, on low volume.  Next week will be a good week.  There is too much risk to sell now at a level of 2.80.  Buy on any dips this week....oportunistic shares.

Shorts better be the ones buying/covering as the volume gets out that bought oct 24ish.

If shorters are not out/covered by next week....here comes the short squeeze.

(and yes I bought at 2.70 way back...but through the 2 months after that when the prices were sub 2.50////I was buying hordes....and sold all of it at 2.96...then day traded for %ages...so all is not lost eh)

For the month I was spouting buy sub 2.50 and it was...that was a very easy 50 cents profit in very little time.  (very, very, and I mean Very few shares actually traded sub 2 bucks..go check the volume)  Many, many shares traded above 3 bucks......the ones that made the cash.