reduced holdings todayI took most of my position off the table today...I determined that this play was too risky for the amount of money I had invested...didn't like a few things about this PR, or recent PRs.
1. Too opaque about how much yellow cake they produced...looks like most sold was purchased...but they don't disclose that
2. Actual cost of production unknown.
3. Forward guidance lacks any numbers or targets for production or eps.
4. CEO sold on open market last time price went over $6.
At some point the talk has to turn to delivering real numbers. I think it's time for the promotional team to give way to business folks.
All the best to veryone here.