How many have they sucked in?
How many investors have been sucked in by the likes of QUAKES, RULE, CHANG, and TALBOT? These people have pumped and humped Uranium and FCU for years. Most of their hype has been pushing the idea of a severe shortage of Uranium along with the pull of increasing demand. It all smells.
The spot price has stalled. The futures market is incredibly grim even 5 years out. Cameco does a second quarter report and commentary and the market slams the stock. Down 12.5%.
American utility companies are not looking for more uranium. They have lots.
It all adds up to pain for anyone in Uranium shares. The market knows. Pumpers do not.