The market has been negatively downtrending for 10 weeks now, and the micro spec end of the market is always the first to get sold off and they get sold off quite heavily.
Also Uranium stocks have had an absolute nightmare since Japan Earthquakes.
Also I have ridden this one through many corrections and when the markets get positive again they always bounce back along with it... even in the past when they had very little to nothing ALLEGEDLY on the horizon. Why would I think that this time will be any different???
I dont think this current weakness should give every negative nelly a chance to sit on their high horse and say URA is the worst company and "I was right blah blah blah"...
Every company large and small has been copping a hiding, and many have been sold off harder than URA.
Lets just keep it all in perspective.
The current weakness isnt due to the company failing on their projects like you guys seem to keep claiming. They are still on track with the current projects, even though there have been delays, but us that are invested to see it through to the projects coming online are not worried about who bought at 2c and who bought the next day at 2.1c etc...
Most of the weakness is due to Macro issues coupled with delays etc.
Not failure of the projects.
P.s bought more yesterday.
Cheers
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