GREY:SXRZF - Post by User
Comment by
royalflush5on Apr 17, 2012 4:43pm
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Post# 19804554
UUU
UUU Loue,
At first I thought you had lost your marbles when you were saying that you are wating for 2.80s and sub 2.80s. I definitely did not see it coming after the first run to 3.40s and a bounce off 3.00. I don't know how you read the price action that well and what indicators you used, but I must admit you've been pretty bang on with your calls.
I do want to say however, let's not get too greedy and start talking about Ferraris and Villas because a lot of people lost major coin here after the Japan tragedy.
Uranium was never going to go anywhere and all the nuc. plants worldwide would never be suddenly dismantled. All this time however the whole Uranium sector has been trading like this was about to happen. The sector is still at a major discount and I hope that this year will mark a major reversal as Japan starts to get back online and China builds more. UUU and CCO will lead the way.
$5 for UUU year end? I hope so.