RE:RE:volatilityIf you want to make a few pennies trading the ups and downs of a stock it is up to you - and if you enjoy it ... well so much the better. But if you want to make real money buy and hold is the only way. Not sure when you bought or sold Hathor..As I recall Rio Tinto bought it out.after a bidding war with Cameco....but I am sure you know all the details. That all went down at a very bad time for Uranium ..... 2011 and had you bought any Uranium stock around that time you would need infinite patience. You need to be in the right companies at the right time.
I am sure that Rio and CCO are very interested in NXE. Of the two Rio could buy them out and CCO probably not at the moment.
While there are some that disagree with me, we are in the early stages of a rapid upsurge in Uranium prices. There has been a string of positive news from the industry this year with 54 nuclear plants (very big ones) being constructed and more - alot more - in the pipeline. Taiwan voters just today overturned their goverments plan to phase out nuclear power so those utilities are suddenly back in the market for U3O8. Current mines have only a limited life 15 to 20 years and they are all mined out. The case for Uranium is compelling and those that see that will be very well rewarded.
So suggest to you that you buy and hold the right companies across different geographies and wait until the inevitable happens.
Sorry it did not work out for you last time...that does not mean the strategy is wrong.
But we shall see.
Malcolm