traders delight, page-3

Hi Ximing,

I can't predict the future but here are some reasons why 10c is no fiction.

Just today came the news out that Germany has to restart some NP as the demand for power exceeds supply.

The US is believed to approve the building of new NP tonight and even Japan is on its way to restart some of its NPs.

PEN is very likely to start mining, 2012 or 2013 or 2014 and sentiment has changed in favour for U and PEN. Many still have the 15c from last year in their heads and with every step north more and more realise that PEN has a future.

Today was a down day and apart of the last few trades it could have closed at 6.9c. I have to admit, the buy side looked very thin at the close but that can change overnight as many withdraw their bids by the end of the day when they aren't sure about the next day.

We had a good run so far and often when there is a time without huge action some people interpret this as the end of a stock, just to see the sp going up the next day.

DOW futures now positive as the world did not go under on the Greece update.

My prediction for tomorrow : 6.8c opening, low 6.7c, high 7.1c, close 7c .