Energy Fuels Ord Shs T.EFR

Stock Price hammered

[rollindice]

Uranium futures at 46.5 a pound close to one month high.  Serious supply issues for uranium coming out of Kazakhstan...and EFR price is getting pounded.  Fundamentally, this should be ripping up.  

Same problem with silver stocks. Silver spot up over 2% as I type but my pure silver stocks.  PAAS, FR, SVM all down. 

I am just going to close the computer now and go for a walk by the ocean to clear the frustration. 

If anyone has a reasonable answer for this rather than blatant manipulation I would like to hear it.

[ckwong]

It is not just EFR. Be patience.

[TouchDown12]

CKwong.... I think you are correct. I am new to owning EFR (about 5 months) but it can certainly turn on a dime. Not sure why it is so volitile with a postive macro backdrop; but i have used weakness lately to add at levels I hadn't seen since October. I don't think there is anything wrong with the company itself... just the general market has gotten indigestion on the 10-year Bond yield

[ckwong]

EFR is not just uranium. It involves rare earth. As China using rare earth to blackmail the West, EFR will be benefited. Uranium reactor, has mega size for big city that requires huge investment. You may know the micro reactor that does not require huge up front capital but the market still maintain the tie. When US market tanks, uranium stock goes down beause the capital market shrinks. No new

[ckwong]

TD12, if you want to read something about the effect of 10 year yield on the market, you can read the following article if have not read. Interest rate surge reflects Fed policy that 'overstayed its welcome' I don't agree with the statment "Now it has a hike fully discounted and about a 1-in-3 chance of a 50 [basis point] move". I think it could be more hike and higher.

[TouchDown12]

Thanks CKwong.... i also agree with you. Inflation will surprise to the upside and will create some market turbulance. However, with the right stock selection there will be great gains. I believe EFR will be one of them. Good luck to you. TD12

[ckwong]

TD12, hope you feel better today. EFR holding strong and making some gain when the DJIA was negative. SVM is dong nice today too. When the market collapse, there still some individual stock can make huge gain. I agree with you. Pick the right one.

[rollindice]

Thanks for the input. Yes feel better today!  With all the corrupt manipulation of markets it got to me yesterday.  I usually trade without emotion and am, for the most part, desensitized from the manipulation.  The people who control the market are great psychologists and know how to manipulate based on fear and greed.  I sold nothing yesterday. I will keep more dry powder

[rollindice]

I agree with you, the market has been drunk on cheap money and believe the spigets will keep flowing.  Rate hikes are not factored in.  The true rate of inflation is much higher than stated.   Claus Schwab stated "you will own nothing and be happy".  I think this will be achieved through rising interest rates. Such as the early 80's.  The Bank of Canada