RE:Points to Consider@ ybacuo - Lots of good valid points. Appears that the trading range for the present market news has been established. Perhaps note though that FUU's short interest declined during the last reporting period. My guess before the report was published was that short interest had increased but my guess was wrong. Short sellers were covering over the January 14 to January 30 period and short interest of 2,559,102 isn't very high. FUU's current average daily volume is 1,636,000 which works out to a low days to cover ratio. The entire short interest positions could be covered with less that 2 days of volume.
So it can looked at two ways. An optomistic person will say that sellers believe that the bottom is in because they have stopped shorting and begun covering. And a negative person such as Karen308 will argue that the small short interest represents little fuel in the tank to start a short covering rally.
F3 URANIUM CORP. | 2,559,102 | -2,616,843 | 30 Jan 2023 |
FISSION 3.0 CORP. | 5,175,945 | 4,607,699 | 14 Jan 2023 |