Post by
psmith on Aug 14, 2024 11:10am
reduced holdings today
I took most of my position off the table today...I determined that this play was too risky for the amount of money I had invested...didn't like a few things about this PR, or recent PRs.
1. Too opaque about how much yellow cake they produced...looks like most sold was purchased...but they don't disclose that
2. Actual cost of production unknown.
3. Forward guidance lacks any numbers or targets for production or eps.
4. CEO sold on open market last time price went over $6.
At some point the talk has to turn to delivering real numbers. I think it's time for the promotional team to give way to business folks.
All the best to veryone here.
Comment by
psmith on Sep 15, 2024 10:16am
still a profit....as I said, my position was too big for the risk...pretty simple fyi....bough PAY with some of those funds...take a look
Comment by
PulpCutter on Sep 15, 2024 10:24am
"fyi"?? As I showed, you sold at the bottom. Why on earth would you imagine we want MORE of your advice (apart from being a fade)?
Comment by
psmith on Sep 16, 2024 3:36pm
no need to get your claws out...all the best...let's hope this goes to the moon!