PEN pausing. starting to show promise as a trader. With serious...

  1. 4,966 Posts.
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    PEN pausing. starting to show promise as a trader. With serious derisking from expected production and efficiency improvements, and multiple long term supply contracts with US utilities due for re-negotiation over the next 2 years occurring along with the cusp of a protracted future sector uptrend, and an investigation into imports of uranium into US now likely to lead to support for US based producers, this has the good potential to multi-bag over the next year, more so after that.
    I said on the threads a while back this is ripening for a takeover.Others here are more able to calculate signs and timing than I.
    As was recently noted here, the big jumps occur after trading halts. A good holder with potential for intraday clipping maybe, good for overnight parking of funds if the chart supports the price.
    I know this co's history well. I reckon, my opinion only, this wont last a year.
    Last edited by sikadeer: 19/07/18
 
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