GREY:SXRZF - Post by User
Comment by
PUNJABIon Oct 02, 2012 8:50pm
341 Views
Post# 20440376
RE: RE: RE: Long-term Price
RE: RE: RE: Long-term Price It seems that the spot price is not even $46.50 now but $45.75 a further drop of $.75 Check the website. I am not creating these prices. I am just looking at the data. The chart is showing me that the trend is down.
https://www.uxc.com/
I was looking at the two year chart. We are almost at $45 now there is some support at $45 if we break $45 next support is $40.00. Look at the chart
https://www.uxc.com/review/uxc_PriceChart.aspx?chart=spot-u3o
Everything is possible $40 can happen. I am open to all possible down or up. I have to see the proof in the data. Not the hype or hope of people who are deeply invested in the sector.
I realize that at $40 there will be lot of pain in the market. Some companies will go under there will be more stress in the sector. It will create opportunities to make money if you are positioned correctly.
It seems that there is a huge support at $40.00. There are few companies that can make money at that price.
Non producers & expensive producers are in serious trouble