UEX Corp T.UEX

RE:RE:RE:Credit Suisse

[bottomtrawler01]

MightyMorf wrote:

bottomtrawler01 wrote: I suspect URA should get the credit for the bulk of the sells. It's a double edged sword having them own such a big piece of UEX. When I met Roger a couple years ago at the annual general, he told me that 'URA has to keep x amount of cash available for sell orders and that I should keep an eye on their cash balance to have a better idea of when these fire sales or purchases may occur'. 
 I never did find a web page that showed the URA cash balance but to be frank, I never looked that hard. If anyone has or finds that web page with their balance, please, by all means post it here. 

 After all, it's us against the bots.

  GLTA


Exactly MightyMorf, this etf owns such large piece of the industry in this now tiny sector that anything they do has a ripple effect.
The upside to the bots is that they mute the effect. The downside to the bots is that they mute the effect.
 

Valkrie99 wrote: They attacked uex, mga, dml today.
Relentless selling.
 

 

This is is a good point.  They seem to dump at the end of the month.  One other thing, when the URA ETF is sold off it creates a vacuum and hence the dumping of uranium stocks.