NYSEAM:UEC - Post by User
Post by
GSTbay1060on Aug 23, 2023 9:43pm
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Post# 35603023
UEC shorts
UEC shortsAs the spot price ticks up that increases the NAV of u.un which means the stock price has to go up a higher percentage so it gets to the one percent premium so U.UN can buy yellow cake.. Now the investors holding short positions of UEC and others keep buying and selling to keep a lid on the price.. Now what happens if the generalist investors see such a small market and pile in??? It then becomes a huge problem for the shorts??? Maybe it's time for them to bite the bullet and cover mare quickly??? It does seem like every day there are just more and more positive events that will cause the shorts more pain in the future??? To be short in the Uranium sector now is the most courageous stand you can make.. However I question the wisdom of being short??
glta
dyodd