NYSEAM:UEC - Post by User
Comment by
GSTbay1060on Jun 15, 2023 6:47pm
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Post# 35499111
RE:RE:The previous uranium bull cycle saw the price run from ❓
RE:RE:The previous uranium bull cycle saw the price run from ❓You are right. This is a different bill market.. The big difference is the way bots can trade .. The fact that this market is in a true deficit... not like the last big run in 2005 when cigar flooded and there was a worry of a shortage, but there was ample supply. Megatons to megawatts., The big thing is there are very few in this trade right now.. So it's easily pushed where the big guys want it to go.. The volatility helps wash out retail investors.. Then when the time is right , boom , then there are huge gains which sucks in retail.. it goes higher then they pull out the rug.. rinse and repeat.., until there is a large enough investor pool that will fight the big brokers.. We will have volatility and be extremely frustrated as we wait.. I continue to wait with cautious optimism..
glta
dyodd