Post by
Born2Struggle2 on Feb 15, 2021 11:16am
SPOT PRICE IS ...
remarkably stable these days. Should we get a rising price, on top of all the good news released lately, I expect that Denison will appreciate significantly and do it quickly.
I have heard over the years, in other words what might best be described as a myth, that commodity stocks lead the commodity higher.
Paying attention this time to see if that myth bears out to be truth and that is what is going on with the U market.
Also did notice on Friday that DML was leading the move at the bell and with others initially. And with the enormous size of shares crossing that Denison has a much larger following than what we are used to seeing.
JMO - B2S2
Comment by
thenorthvanman on Feb 15, 2021 12:21pm
Thought I would point out the the spot price moved significantly earlier in the year without the equities. Equities have know closed that gap largely after lagging for months.
Comment by
Born2Struggle2 on Feb 15, 2021 6:32pm
Quakes posted a possible reason ... John Quakes on Twitter: "Pay particular attention at 11:20 A bottom indicator is a high-volume breakout in #mining #stocks in a new uptrend as investor sentiment turns bullish. Share prices often move upward even before the price of the underlying commodity moves up = case for #uranium stocks today https://t.co/QqQk72zYVH" / Twitter