when a stock falls ït "reflects the fundamentals" when the same...

when a stock falls ït "reflects the fundamentals" when the same stock reverses it is very rarely acknowledged as improving fundamentals. The fall on U spot got way overdone, and like SMM which is relatively illiquid, the POU has been pushed way past its fundamentals. IMO high 20's represents fair value for the POU at this present time, and the looming shortage coming is finally being factored in- albeit on a very tentative basis. There was always going to have to be a trigger, and my opinion is that Trump has been it. Obama was a headwind for Nuclear energy (peacekeeper/ renewable energy) Trump on the other hand is already triggering defensive reactions with regard to nuclear missiles. this almost free source of excess uranium from the disarmament program has been cut off overnight removing a huge overhead from the market, and possibly there will even be a restocking of nuclear supply for these missiles. Add to that a gradual realization that Nuclear energy will be re-established in Japan (albeit at a significantly reduced capacity) , that india , china continue to build and expand there nuclear requirements, that Germany will soon have a new leader and possibly a re-establishment of there nuclear energy program, and you have a tipping point.
Its hard for individuals who have made money by being short Uranium to flip to the reverse position given the length of the downtrend. But eventually they will come around.