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Cameco Ord Shs T.CCO

Alternate Symbol(s):  CCJ

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling, purchase and sale of uranium concentrate. The fuel services segment is involved in the refining, conversion and fabrication of uranium concentrate and the purchase and sale of conversion services. The Westinghouse segment is engaged in the nuclear services businesses. Its uranium projects include Millennium, Yeelirrie, and Kintyre. The Cree Extension-Millennium project is a Cameco-operated joint venture located in the southeastern portion of Canada's Athabasca Basin. The Yeelirrie deposit is located approximately 650-kilometer (Km) northeast of Perth and about 750 km south of its Kintyre project.


TSX:CCO - Post by User

Bullboard Posts
Comment by Sittingbull11on Sep 20, 2016 7:55pm
101 Views
Post# 25258585

RE:CCO: Last Insider Buy…Note: Amount….

RE:CCO: Last Insider Buy…Note: Amount….Down $1.00 from last insider buy! Lets look at the lessons that teaches us. Lesson 1 - just because an insider buys, does not mean the stock is at its bottom. Lesson 2 - EVEN IF, the stock is cheap and insiders know this, does not mean the negative psychology will go away, resulting in a continuing lower share price. Lesson 3 - It is at least POSSIBLE that insiders are wrong. In this case, they were definitely wrong on timing at least! Lesson 4 - The age old adage is true, and even insiders can misjudge this, "The market can be wrong longer than you can be solvent." Lesson 5 - Insider buying is not ABSOLUTE evidence the stock is at its bottom. It is just one of many factors to consider. .........Perhaps the insiders in this case do not see the forest for the trees, meaning they see a good company but are failing to account for the numerous macro negative issues with the price of uranium, secondary market dumping from the USA and Russia to note just one...... IMHO...GLTA..
Bullboard Posts