"
A merry Xmas to all and may the new years bring $150 USD per Lb.
Best wishes to you NS :)"
Thanks Westie - and the same to you, and all the other uranium bulls out there.
I think the main mistake people make with uranium stocks is getting despondent when they turn down for a while, then they sell out. Or they try to short-term trade them. The U story is a long term story. Find the good stocks - average out the recommendations in this thread for a start - then just stick with them. The chances of losing out in the LONG run are small. But being distracted by the day to day noise of the volatility tends to make a lot of people nervous. Shove 'em in the bottom drawer and go fishing.
Have stoplosses set, by all means, as long as you intend to obey them, but don't be reluctant to buy back in if the stock turns around and starts back up again.
Happy U-Year to all :)
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