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Bullboard - Stock Discussion Forum Uranium Energy Corp UEC

Uranium Energy Corp. is a uranium mining company. It advances its In-Situ Recovery (ISR) mining uranium projects in the United States and conventional projects in Canada. It offers two production ready ISR hub and spoke platforms in South Texas and Wyoming. These two production platforms are anchored by operational central processing plants and served by seven U.S. ISR uranium projects... see more

NYSEAM:UEC - Post Discussion

Uranium Energy Corp > They make it sounds as if UEC was the only stock that 👎🏾
View:
Post by mangoe on Jun 12, 2024 7:56pm

They make it sounds as if UEC was the only stock that 👎🏾

Went down on that Uranium sector correction on that day, over 90% of Uranium Stocks were down including Cameco.
UEC might have gone down on a higher %  compared to the others on that day, but what did trigger this Uranium Correction over several days was again Shorts, institutions Shorting stocks while manipulating the Uranium Spot price on the downside, because the Uranium Lt price is fixed & remain static, & tend  to change from Month to Month.

While the Uranium Spot price is dynamic & changes every day, so does Uranium stocks, so they manipulate the Uranium Spot Price on the downside, knowing that it will affect Uranium Stocks on the downside, so they can cash in on those shorts.

Now  some investor or investors that  short this stock is fishing & finding fault, these folks are one step ahead of the law, because shorting stocks/freedom of speech is legal, so they can do a lot of financial damage to companies, especially Junior mining Companies, while they enrich themselves with fraudulent & bogus claims.
Comment by plumena3 on Jun 12, 2024 8:17pm
do you have any evidence to support your claim or is it the usual excuse which you have always in petto.? If you have evidence ,direct these to stock exchanges
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