Uranium Energy Corp UEC

Spot Uranium: 8200/8350 USc/Lb U3O8 (-153c, -1.85%)

[plumena3]

the perma poster wants to tell us how tight the spotmarket is ,but how come spot is on a down spiral for weeks.
It seems to me that there  is a lack  of buyers out there and without them the spot goes lower and lower.

and to argue it is a function of falling oilprices  does not hold since  oil increased more than $2 in a day.

ergo-I have  not spend another penny on overpriced uranium stocks -----until a visible bottom has been reached .

observing but not buying.we had our gains realised in March and that`s it.


work on your spin




jmo

djodd