NYSEAM:UEC - Post by User
Post by
GSTbay1060on Sep 11, 2024 4:12pm
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Post# 36219202
Today
Today It is nice to see another green day. With only a blip in the spot price.
I have to ask myself why such a good day?? Was it the Kazatomprom news about shipping costs ?? Was it Vlad not wanting to send materials to the west??? My thoughts are that the western utilities are getting pushed out of the market??? This may get spicy for some who eventually will not be able to source feedstock??? Also don't be surprised if traders take profits tomorrow. And in doing so short stocks because they know when they dump shares they can make on the push down of stocks.. Just a guess??? Long term there is a structural supply deficit with rising demand..
All I can say for certainty is this will get interesting..
glta
dyodd