Saw the same analyst and have to agree that this is a knee jerk reaction.
The reality of it is there are only limited sources of energy that is cheap enough to produce (cheap in real terms).
The fact is the TEPCO stations are placed in the worst possible position and faced a convergence of the worst earthquake and tsunami Japan has faced.
Wisdom would suggest this cost will go to to the construction of better facilities with more fail-safe measures.
What we are seeing is the result of irrational fear which under this circumstances is understandable.
I'm having a hard time watching all these images and media reports coming out.
It seems that there are more fear mongering than rational voices coming out...
I'm holding TOE and have an interest in uranium.
abc investment analyst, page-4
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