Uranium Energy Corp (UEC)

[StockVision]

Death of a cult stock - when a stock develops a "cult" following, its fans lose their ability to rationally analyze the stock. Once the "story" driving the stock has been exposed as false, the cult remains in denial, "buying the dip" all the way down throughout the death spiral. UEC isn't about uranium at this point - it's about a company that mislead investors and hyped up its ticker price many times beyond its true underlying value. The cultists continue to burn their money buying each new low - until they have nothing left and their investment is worthless.