NYSEAM:UEC - Post by User
Post by
mangoeon Jun 12, 2024 7:56pm
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Post# 36086115
They make it sounds as if UEC was the only stock that 👎🏾
They make it sounds as if UEC was the only stock that 👎🏾Went down on that Uranium sector correction on that day, over 90% of Uranium Stocks were down including Cameco.
UEC might have gone down on a higher % compared to the others on that day, but what did trigger this Uranium Correction over several days was again Shorts, institutions Shorting stocks while manipulating the Uranium Spot price on the downside, because the Uranium Lt price is fixed & remain static, & tend to change from Month to Month.
While the Uranium Spot price is dynamic & changes every day, so does Uranium stocks, so they manipulate the Uranium Spot Price on the downside, knowing that it will affect Uranium Stocks on the downside, so they can cash in on those shorts.
Now some investor or investors that short this stock is fishing & finding fault, these folks are one step ahead of the law, because shorting stocks/freedom of speech is legal, so they can do a lot of financial damage to companies, especially Junior mining Companies, while they enrich themselves with fraudulent & bogus claims.