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Bearish Short Case - Stay Away If You Want Bullish News, page-201

  1. zog
    3,086 Posts.
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    The graph below is a 10 year average of the periods during the year Cameco get order (actually term order NOT spot).

    https://hotcopper.com.au/data/attachments/6442/6442176-ab34b70b5ba7c4c4899c38efe33f208f.jpg

    The chart clearly shows that (on average) August is a very slow month (in the northern hemisphere (they all go on holiday)
    During September orders "warm up" (they go to the WNA conference in London) but do not get underway until October - you have to be patent (something in short supply from "traders"). Should be a boom from October onward (but not really in September) and full thottle until Xmas and then another slump whilst they go skiing (and have Xmas lunches)
 
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