Shorts Are Trying to Control Trading — But They’re Fighting a Losing War
It’s clear that short sellers are actively trying to steer the trading in BOE today. You can see it in the price action — attempts to suppress upward momentum, shake out weak hands, and create doubt. But while they may try to influence the short-term narrative, they’re ultimately trying to defend the indefensible.
Here’s why:
• The fundamentals are strong
• The long-term trend in uranium is bullish
• There’s no sign of insiders or major holders selling
• Over 25% of the float is shorted
Short sellers may succeed in creating volatility today, but they can’t change the core reality: BOE’s outlook is improving while they’re sitting on temporary, leveraged positions that must eventually be closed. Every day the fundamentals hold up and uranium strengthens, the spring coils tighter.
They may win a few intraday battles — but the war is stacked against them. The supplies to short are drying up as we don't see big dumps.
(20min delay)