InvestorsHub Logo
Followers 225
Posts 46739
Boards Moderated 6
Alias Born 02/07/2012

Re: Oddlot post# 13837

Saturday, 01/04/2014 3:35:55 AM

Saturday, January 04, 2014 3:35:55 AM

Post# of 37921
Uranium market barometer?
http://uraniuminvestingnews.com/16985/uranium-outlook-2014-will-be-the-year-of-uranium.html

For investors looking to stay ahead of the uranium market, one company to keep an eye on is Uranium Participation (TSX:U), the reason being that it tends to accurately reflect market sentiment. UPC is the only physically backed uranium fund and can provide investors with exposure to the uranium price without the exposure to exploration, development or mining risks as seen with other equities.
Chang explained that since its inception, UPC has had a historically flat average, and since Fukushima that average was somewhere around negative 9 percent. However, over the last few weeks it has been trading at a 9 to ten percent premium above net asset value (NAV) range, which is pretty high.

According to Chang, of late, the positive view on uranium has been translating to a higher price for UPC, which has been trading ahead of its NAV



I can't see why U stocks are heating up.....



The fundamentals sound strong but the "technical" don't support it (much - other than URPTF (TSE's U), DID (6wks ago) appear to be sitting on its' long term support)
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.