NYSEAM:UEC - Post by User
Post by
GSTbay1060on Oct 12, 2024 1:50pm
111 Views
Post# 36264030
Shorts
ShortsWith 57 MILLION SHARES shorted I have to ask will UEC (and many others shorted) go back down so much that the shorters will make money?? Since it is such a small sector it can be easily manipulated. Especially one company at a time. We have seen over the last little bit lower than normal or just normal volume. If the shorts are buying they will just stockpile enough shares and dump them all at once forcing the price down and triggering stop losses . Thats how they will get your shares. Lets see what the coming weeks hold. Will there be an event that shakes the market and things go nuts?? MAYBE?? If Mr Putin imposes a ban on critical minerals that could do it?? Or a few days of large sput volume and a couple of million pounds purchased may do it?? Or we just wait for the market to realize there is a structural deficit and the fuel buyers panic?? No one knows . But my belief is when Uranium truly takes off even the most optimistic of us my be pleasantly surprised.
glta
dyodd