I do think we'll come close...its around a 23% pop so thats not a lot of ground to cover...then we'll see if I trim or not... I'll update if I do. One other thing I've yet to mention is I really don't want to give any shares back to shorters.
Whilst overlooking financial prudence to "Stick it to the Instos" isn't a sound investment strategy, rarely do we get an event to participate in a potential short squeeze.
I, like many others here, would love to see one play out. In this event, there is little fundamentals involved when watching the SP go higher and higher, just what can happen when a 25% shorted company comes under fire and the covering aggressively unfolds.
I've not been in this situation before.
Uranium sector strong - Yes Uranium Sentiment Turning - Yes Favourable Company Fundamentals - Yes Catalyst for rerate with Trumps Order - Yes Spot price uptrend - Yes Possible Short Squeeze - Yes
This could be wild times.
BOE Price at posting:
$3.98 Sentiment: Buy Disclosure: Held
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