GREY:SXRZF - Post by User
Comment by
LouEon Nov 01, 2012 12:58pm
597 Views
Post# 20550572
RE: 52 Week
RE: 52 Week a new 52 week low is an easy call between now and tuesday.
I think there is a lot of big money on the wrong side right now. Many have been pushing uranium in the face of the freefall.....at some point they might just accept conditions and sell. For now they are the ones keeping it afloat......and thats a great sell op..to load the big guys up with the bags before they change their minds and do volume sells. (once the low volume price holding fails to bring buyers for their shares)
My target for market value is 1.80 with spot at 45. So plus or minus 20 cents is a trade range.
If supply inventorys build further, and demand stays the same...spot falls, and so does the target.