RE: 19% hold on sxrHey Snikis,
I agree with your "advice" about holding solid positions such as CCO and DEN- the only two uranium producers in Canada. It is a good long term play if you believe that demand for uranium will continue which will push the long term price up. However, your "advice" to move out of the junior explorers does not make any sense to me. Please keep in mind that I am not an analyst such as yourself, so I do not have the skill or experience that you have and in no way am I advising anyone.(I don't have a license for that and do not want to spend time in the slammer) If the demand and price of U does continue it will push up CCO and DEN and would attract the funds and then the average joe ( masses) to all U stocks. (just like the dotcom days) Would it not be best to buy these U explorers such as sxr, ncr, jnn etc at these prices (on dips of course)and wait it out? Why wait for the "herd" to rush in? Why should we, if we are to believe that U will be in demand, buy when the "herd" buys? If I was an analyst such as yourself, I would not advice people in and out of stocks just because one moves down a tad.
A good analyst should not be flipflopping from one stock to another.(unless you are daytrading) Should the advice not be ( I am not advising) to buy CCO and DEN and then several of the U explorers (buying on dips) and sit tight until the "herd" rushes to uranium? You never know which U will do well in the future. Do we? Although I have no idea what will happen to sxr ( and I am not advising) it could be a good opportunity to buy when the shares prices are down. You know, buy low sell high!
Anyway, just my two cents.