URANIUM 1.02% $24.70 uranium futures

I think most Uranium shares will fall to what they were around...

  1. 51 Posts.
    I think most Uranium shares will fall to what they were around June/Aug last year, before they started their astonishing rise at high volumes.

    e.g AGS 0.80
    PDN 4.00
    UKL 0.40
    CUY 0.90
    WHE 1.00
    BMN 0.80
    DYL 0.20

    Why? With market sentiment in the dumps, the majority of shareholders now will be those who bought in last year, and they will want out now to lock in whatever profits they have left but once the price reaches the pre-rise level they will be flushed out and there will be not much to gain and more to lose by selling...

    More pain to come yet so I personally wouldn't jump in right now tho...
 
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