Is This Time to Buy?I listened to the Cameco presentation and if you can believe what Gitzel was saying, this just might be the right time to be a buyer of many uranium stocks. If we are to believe in 'seasonality' for these stocks, then we should have a good bit of upside in Oct. Summer always seems to be tough and it's evident that many funds are dumping U. FCU has traded over a million shares today.
Someone is buying. The fundamentals for the nuclear/uranium sector are still positive, so who knows, maybe this is the perfect buying opportunity.