RE:RE:Uranium Rally!!TheRaj wrote:
What I like about the uranium situation now (just strating its rise from bottom lows) is that as retail investors we will be able to call the major buy and sell moments for this commodity, just like oil was very predictable to know when to sell and buy in again .... all we need to do is keep an ear open for global style reporting of the commodity to begin as they follow the rising price of uranium.
As usual the investor type moguls will start spreading their BS global storeys about fake increase and over supply of the commodity to control the spot ptice of uranium, hence chase many investors out all the while they are buying all the stocks for a cheap price. they will continue to play this Ping Pong style media game all the way to the top (2-3 years) so they can have a monopoly on this industry.
I say play along with this fake commodity news about uranium and sell when they spread the fear and buy back in with a relatively low and respectful drop of 5%. If you keep doing this 5-6x a year then you'll have nearly doubled your position in roughly 2 years or less.
I did just this with oil almost starting a year ago when I bough into BTE last January, 2016 ... I was able to more than double (235% to be exact) my original position without spending an extra penny.
As this market gets hotter nad hotter by the week I suggest all MGA investors (any uranium stock invbestor for that matter) to keep your eyes ans ears open for this amazing opportunity in front of you. Play the BS news game but don't be frightened or ascared away from this sector by it. Alot of these false propaganda rumors will be spread throught the media by the huge Investment Institutions (II) that just can't wait to get hold of your shares. when the II's get involved in commodity you cna't trust your investment charts for the buy and sell signals, no, you have to go with the global sponsored type media and take their cue open heartedly to buy and sell when they play their silly games. You should be able to make more money this way instead of trusting signals from charts on cheap websites. Also keep an eye open for sudden and unusualy huge amountsof shorts appearing out of the blue. Thsi too will be a major indicator to know when to sell and buy back for a quick guaranteed 5% profit as a rule.
Anybody else want to ad something to how to play the uranium sector in a safe manner moving onward from today.
Triend is your friend !!!
You have to ride a hot hand and don't sell in the face of a couple of down days (they are going to be inevitable and probably vicious). As long we're above the key technicals (which I consider as 10, 20 and 50 for a momentum trade) I'm not selling.
OH and I wanted to add - Stockhouse in general is a cesspool but I gotta say Raj you're a great poster. You just make solid posts without any of the usual delusional pumping, or spamming, or nonsense that fills most of the boards up.