RE:RE:Catch Upvinebills if the market muddles along here as is has without too much noise and the strength in the semi conductors continue I expect PHO should settle around the 2.50 mark and not correct much but drift sideways for a short time till the next report comes out. If this report is good then it moves up again past the 2.75 (wildcard being growth in new products)
Some institutions are buying this now even before the move to the TSX or it is someone with deep pockets with 200K and 100k blocks going through. This is always hard to guage as you know. But TA and my gut tells me we are either bouncing off of 3 or through it before year end here. Great return!
Unless one wants to sell this and move to an overvalued weed stock (not!) I do not see any better stock to be in right now.
That said I have started to pick away at a few of the best uranium stocks at the bottom here after being in the last two runs on uranium I feel this next run will be the best run ever. I have made more in uraniums than anything else in 39 years of trading. Watching just one I held for example go from 5k to 125k in only 6 months. Hard to time it though but 90% of contracts expire soon. vinebills if you want to know what I am doing there then message me privately. Cheers N3