http://www.********.au/2017/03/06/why-these-4-asx-shares-have-gone-gangbusters-in-2017/
"The Summit Resources Ltd (Australia) (ASX: SMM) share price has risen an incredible 472% year-to-date. Due to low demand and oversupply, uranium prices hit a 12-year low of US$18 a pound last year. But thanks to increasing demand and a production cut from Kazakhstan-based uranium producer Kazatomprom, prices have recovered and risen sharply in 2017. Fellow uranium company Paladin Energy Ltd (ASX: PDN) has also seen its share price jump. Year-to-date the Paladin Energy share price is up 30%."
What an incredibly oversimplified, shallow, non-researched analysis.
Seriously - how do these hacks sleep at night?
If The Fool is spruiking - bad times ahead? :/
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$13.99 |
Change
0.010(0.07%) |
Mkt cap ! $4.182B | |||
| Open | High | Low | Value | Volume |
| $13.78 | $14.02 | $13.62 | $27.61M | 1.999M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 198 | $13.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.00 | 5278 | 3 |
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| PDN (ASX) Chart |