RE:RE:RE:RE:RE:RE:RE:Contrary information It's funny how people tend to immediately say "this time is different" everytime I write about last bull.. if they read my words they would see I also say the same thing.. there many big differences between this time and 2004/7 and some of those differences are a lot more bullish this time around.. also the effect of the demand / supply relationship in any commodity is a constant and today supply destruction is greater and demand increase are both significantly greater than back then.
It's good to see this board active and some good points being made on both sides of this apparent argument which seems to me more about individual choice of how to play it more than anything else. Hey who cares how others play it if you are happy with your way what's the problem? I am totally content with my way :)
Some folks like to bang the table repeating same over and over.. bit tiresome but mostly people are beng very civil which aint bad for stockhouse.
Although I am not interested in Dbs and Warrants and all that stuff I echo Method when he says:
"Sec 232 is just an accelerant for the U price in the US. Prices are going up regardless. Sec 232 might have actually slowed down price discovery as it put utilities on hold given the uncertainty. Once the review is over, negotiations can begin in earnest."
Also another thing I seem to be the only one to mention is the severe tightness of the current uranium sector and also the fact that U stocks are mostly in VERY strong hands. And the way that a very significant majority of traders and investors these days are only really interested in one thing "Momentum" they don't give a fig about all those fundamentals that evryone here makes out to be the whole story.. once they get wind of this tiny lil old U market getting some legs they will be all over it and due to it's extremely small and tght nature it will go ape sheet.. and that will create a frenzy.. well seems quite likely to me aanyway.
Have a good easter folks!