dancing on uranium?s grave..but it ain?tt dead, page-6

I also just read this article (google alerts). Whilst it reiterates what we all know about the fundamentals of uranium as a vital source of energy, to me it also highlights how human emotion can cause irrational behaviour in investors. After all we know as investors and why we invested in a stock like PEN in the first place, today there were many (particularly smaller) investors that sold at what could be argued as an extremely low share price. A company which will be producing in less than 12 months with a market cap of less than $150m? Is this the time to sell? Or is that the exact opposite of what an investor should do? Mind you, an investor who, up until selling, was sold on the company. Irrational behaviour.

The past 3 months has seen the flushing out of many of these investors, not only in PEN but across the uranium sector. This has been ugly, no doubt about it. I'm looking past the next couple of weeks and have confidence that by as early as late July, the share price will be much healthier.

In the meantime, I'm certainly not going to let my emotions get the better of me and cause me to miss out on an aggressive share price rally.