RE:RE:Dead Money (still 2-3 years away)You confuse facts (which you never provide) with hype
I really doubt that the average investor would have every cent they own in one single company - I certainly do not and would never do that.
So making the great leap between every FCU investor missing out on the greatest bull market of all time (which started in 2008 btw...not 4 years ago) is stupidity personified.
My portfolio has a wide range of Uranium stocks and a very much wider range of other stocks in all sectors of the economy. So this investor did not miss out on the greatest bull market of all time and has done very well thanks very much.
Uranium equity action (FCU included with all the rest) will not occur until late 2020 so any expectation of some rapid run up for no apparent reason is not sensible. FCU is not alone in being stagnant. The exception of course is NXE which has produced stellar returns for early investors.
Apart from NXE what other Uranium investments have done well in recent years? Apart from Western Uranium in the US...not many. So one should not expect anything from FCU until heavy contracting begins and hedge and mutual funds start to show interest in U equities once again.
That is not a good reason to bail out of a position in FCU or any other Junior Uranium equity.
I often say here that patience is needed to make real money in this game and by that I mean being prepared to wait 5 maybe 10 years for the inevitable to occur. But if you are prepared to wait and not listen to the "my world has fallen in" nonsense then a few thousand dollars will give you a very nice nest egg from which to build your portfolio or retire...whatever you want to do. Paladin made millionaires of its investor last time around and it would be very sad for people who invested and then sold following your "advice".
Should you be daft enough to put all your eggs in the Uranium basket and ignore other opportunities then you might miss out on some nice gains in other areas and I for one have never suggested investors do that.
Diversification is the key - but that does not mean ignore Uranium or FCU. Apportion your investments according to the risk they represent.