I had EME pegged to head north today along with all the other Uranium related stocks. So far it's dropped 7% on Friday's close
- Ended Friday with an engulfing candlestick pattern
- On 8 Mar (right before the Japan problems) it got a license to export Uranium
- 60% shareholder is a Chinese nuclear power co with one of only two licenses to import Uranium
- MA has been trending slightly upwards for the past 3 months before Japan problems
- Action on Friday was signalling a recovery
- No negative announcements today.
Any ideas why this stock is the only (as far as I can see) Uranium stock not to rise today?
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