Trump is not a fan of big uranium reactors, he says they're a waste of money and somewhat dangerous. He's an oil and gas guy. I think the uranium price will drop further now that he's president. After the 20:1 consolidation happens I'm expecting Pen to be trading at or below $1 per share. I do not expect the uranium price to get back up unless Elon Musk says he wants a nuclear reactor.
PEN Price at posting:
8.7¢ Sentiment: None Disclosure: Not Held
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