State of things - part 2As many of you have noticed by now FCU has gone into slow bleed mode. I call it slow bleed because there's no substantial news and thus there's little to stop FCU from trying to fill the gap. Gaps work like mini-magnets and if there's no news and a historical downtrend season/month, then you have high probability it will drop again, this time also trying to fill the gap. The India news for Cameco has not triggered the interest in the uranium market I imagined could come around. Even the FCU posters are much less active by now, simply because there's little to talk about.
So I'll stay to my opinion that FCU wants to fill the gap. But to be honest at this point I don't see it going (much) lower than that. If it does happen to hit anywhere below 1 dollar (or even .70's like last year): then I'll start considering selling my kidney in order to buy more :-).
Good luck to all, both holders and traders and everything in between.