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The Bear case for U3O8

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GSTbay1060   Tuesday, 10/01/19 01:04:06 PM
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The Bear case for U3O8

The link below is to a article that paints a bear case for Uranium.. I would like to see the data that they used.. It is sort of inline with what Rick Rule has said, if you try to join the dots.. Anytime I read posts or articles I always wonder how the writer is trying to sway my decision to buy or sell a stock.. We have allot of pre bull fever on the net and not much on the bear side.. In the last week or so Duke Enregy has stated it is applying for extension of 11 plants.. That is a new order that will have to be negotiated.. Folks will say 10yrs is along way off. But if there is no supply being built and current supply being reduced there must be a shortfall being created and added to... So why are most U stocks hurting? My thought is because the folks with the cash want it this way... Also it dos not take much money to control such a small market.. It is a fair chunk of change to me 4 or 5 million dollars but, for the players it is coffee and doughnut money... So we will see UEX and others go up when it is time and go down when the market is clearly over supplied and it will drop like a stone.. So buy now, have an exit, dont get too greedy.. DYODD


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