It seems a significant number of people are of the opinion that of Australia's uranium stocks were oversold and as such represented good value after the recent belting they received.
I reckon it's reasonable to presume then that a large percentage of these same people are the ones with short memories and who have forgotten how quickly things can change for the worse.
The downside potential for Fukashima and Japan as a whole isn't over by a long shot IMO and all it may take is a further setback in the short term for the uranium house of cards to fall once again. Question is, will uranium getup off the canvas again so quickly?
In the longer term Japan is in all sorts of trouble as is the uranium industry as a whole.
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