It could happen
Cameco is indeed watching FCU closely. But what other uranium company would be watching? I know that none of us want to think this....but what if Cameco is the ONLY company paying attention to PLS?? It is a possibility. So it could come to pass that Cameco eventually announces a takeover bid at $140, a mighty low bid.. We would not be happy. But Cameco would be thrilled because they anticipate that they can grab FCU cheaply. Therefore their low bid, because they are confident that no other company is going to outbid them. POOF. We are gone, forced to sell because no other bid comes along. Cameco laughs. We cry.