RE:RE:BNN Market CallChurning is not a bad thing. This base has been building for 6 months getting rid of past shareholders that have been burned. The ones holding on are stronger hands. The longer the base the better.
This has recently showed some strength off of solid earnings. If/when they keep this up it will be a stronger foundation to build on.
I have been in Cameco since 2017 and it was the same story. Horrible price action for almost a decade and anyone who would mention CCO would be laughed at..."dead money", "too risky", etc.
That base lasted 4 years and now up over 100% for CAGR of over 20%.
Same with natural gas stocks and lumber.
Buy when no one wants it. That's GUD today and the smart money is building positions.