Global X Uranium ETF (URA)

[FullDeck]

Yup, the uranium sector as a whole has been tough since Fukushima, that's for sure.

I can understand your decision to wait for some sign of a reversal in the group.

URA is an index fund for uranium miners and processors, and I think the overall market will still take some time to come back.

I've been dabbling in UUUU (Energy Fuels), which I think is doing the right things in the downturn- conserving cash, keeping projects in "ready" states, proceeding with permitting, doing cheap (hopefully) acquisitions (URZ merger, URRE property purchase,etc) filling long-term supply contracts in the $50s from buys in the spot market in the $30s while conserving their stockpile as best they can, etc.

But UUUU is now heavily shorted, for whatever reason (re-balancing?), and has been extremely volatile.

GLTY and GLTA.