THE SQUEEZE IS ON, page-3412

An important week coming for the stock. And maybe for the sector - all U stocks.
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U sector is doing great. U stocks very well. PDN has done well. It did drop over 55% from its high of 1798 to 815. And then it came roaring back. It reached 1232. Over 50% gain from its lows. So U stocks and the sector have wild swings. Anyone playing here for only 3 to 6 months can see that. And its happening for over 3 years since I started playing and writing U sector. Nothing unusual from that perspective. Maybe for new players. Get used to volatility.
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Personally, 2 weeks back I wrote that I have exited at 1180 from my buys at 918, around 25% gain. So its all right till now, I have not missed a big one, for now. I am waiting for macro/CCJ to tell me what to do. Most people on long term, macro is looking good, but its individual risk reward. If U trend looks good, I will buy back. Because PDN has an unfinished business. To reach 1800. I want to be there when it happens.
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This is what I have written about U sector in my Weekly Report this week. Anyone more interested in other sectors, general markets, etc, look at my other posts around the weekly report, as I write that on one thread only.
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• Uranium Sector overview - I have been writing for last few months months, May end top, July end bottom, September end top. I had written we may do highs in September end/October start. CCJ reached 52 yesterday, a gain of over 50% in a month (it was 35 on September 6). So that has played out exactly as I thought. I am no Nostradamus. I have been writing about Uranium stocks for over 3 years. I do the numbers, weekly/yearly etc. This is the 4th year in a row that September has seen the highs in the Uranium sector. May not be scientific, but its a pattern. I follow patterns. They don't always work. But sometimes they do. The did this time. And I may have been lucky once again with my call. So will CCJ do a new high above 56.24 or do a back test of 45 - which one will happen first? I don't know. U sector is very bullish, Spot price stable. Sentiment good. So the rise can still happen. Only problem with a continuous rise is that if consolidation doesn't happen, when it comes back, it drops big. Its been rising for a month, most stocks have gained average 50% (some more, some less). I have taken some off the table. For 2 reasons. First i feel a consolidation/back test may happen, not sure but odds are even. Secondly Li sector started coming back. U sector had risen. So I thought, if Li sector does well, it may do better. There are lots of ifs, no guarantee. I will buy back U stocks I sold, I am not sure about the timing.