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Uranium One Inc SXRZF



GREY:SXRZF - Post by User

Bullboard Posts
Post by PUNJABIon May 15, 2012 2:59pm
283 Views
Post# 19911720

Too many 52 week lows

Too many 52 week lows

My 52 week low window is running constantly. Too many stocks hitting new 52 week low in different sectors. Surprising U stock are not even close. The basket case seems to be PDN which is getting close. It is today trading at $1.18 its 52 week low is $1.07. There could be some micro U stocks that my have hit 52 week low.

 

Grand Daddy of U stocks CCO is taking a beating again trading at  $20.20 down by $.93 for the day.  The biggest U ETF URA  has taken a big beating also just few months ago it was  getting close to $11 today it is trading at $7.47 its 52 week low is $7.06. Most of this year gains have been wiped out.  URA & most U stocks are still up for this year while theTMX is down for the year. Because of so many new 52 week lows TMX is piercing through its major support. Gold stocks are putting the most pressure. Too many 52 week lows means lot of pain for those shareholders.

 

The selling is still very orderly but very constant. It is eroding the value  of investors portfolios.

 

UUU is quitely sitting at its support line for now. This morning it popped a little but was forced down by market conditions.

 

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