GREY:UEXCF - Post by User
Post by
MegaMAxTZon Feb 02, 2020 12:35pm
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Post# 30630945
Watch for later around March 20, 2020
Watch for later around March 20, 2020History does repeat itself and I believe we will see a repeat very soon. It only takes about 8 weeks for this and many U companies share price to triple. However, one must put things in perspective.
A triple from this level would mean about 0.27 per . No big deal and not a reason to sell in my opinion. Look at the past from Nov 26, 2016 to Feb 18, 2017 And Oct 28, 2017 to Dec 16, 2017. What caused these spikes anyway ? Some news about the next Uranium breakout and a few small funds decided to put some money into the U sector. News was a false alarm, this money exited and then the full pullback.
The much much bigger picture is when some of the mainstream money catches wind that U history will repeat itself like from 2004 to mid 2007. But the issue is this money is too big to buy much as these companies are tiny. Where are we at right now vs this past runup ??
Since nobody is a real expert, I am going to call March 20, 2020 and UEX hits $ 0.285 per. Then a pull back. April 24, 2021 will see UEX hit $ 0.86 per and then a pullback. Should be interesting.
MM