OTCQB:UEXCF - Post by User
Comment by
MegaMAxTZon Oct 15, 2018 3:36pm
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Post# 28804462
RE:Yellow Cake up substantially today
RE:Yellow Cake up substantially todayInteresting as each week goes by and this slow process takes place - watching these assinine 500 share trades between CIBC and anonymous and between different brokerage houses.
What a joke with these $ 100 trades back and forth - back and forth. Who do they think they are kidding. Called stock MANIPULATION and should be investigated as many have said here for years.
Also of interest as this board and others boards are followed and the Uranium industry is followed - how few people REALLY know anything about this sector. A small group of retail investors know more than the few analysts who actually follow the sector. URA young pups that have not been around for more than 4 years - who know very little about the 2006 to 2007 run up.
My question of the day is as follows - Spot is moving up and more are now actually paying attention but it is still a small % of the overall investor group. BIG money cannot buy into any of these companies without taking control of the company. Right now if some deep pocket investor has $ 50 Million to invest in UEX - cannot do it can they or they basically buy the company ??
And who here would sell ? NO way this one is going to cash in at a measly $ 0.30 or $ 0.40 per. Not a chance whether Cobalt CoEX is in play or not ( and it is I realize).
Finally, reading about when the frenzy begins on these Uranium stocks and the Buy and Ask spread starts to go crazy. Market is much more sophisticated and calculating now than in 2006/7 - these 3.59.30 PM trades that go on are going to be an issue in my opinion.
Good on the upside if thinking you are selling at $ 2.68 per share at 3.59.30 PM and then Bids come in overnight at $ 3.10 or more. But what about the other way if $ 2.68 more share and someone dumps a block at $ 1.98 .....
I suppose having many smaller share blocks is better than a few large big blocks of shares.
I guess that is how the game is played but any insight from the seasoned folks would be of interest.
MM