up 20 per cent today somethings up, page-14

Okay guys, let's settle down a bit. Turnover today was just a tick over $50k. In other words, its not a lot.

URA is an illiquid stock that has many times before swung 15%+ in both directions during a solitary day. The volume today was reasonable, although also nothing spectacular. I believe that the stock rose purely because there was little/no selling pressure, and coincidently this just happens to be on a day when the market at large is jumping off a cliff. With the buyers who have popped up in this thread to claim their holding, its no surprise that the stock did jump up half a cent today in my opinion, bearing in mind the aforementioned lack of selling pressure. It's nothing more than that from where I see it.

I would be more than happy to be proven wrong and see a piece of news pop up soon, but the volume does not suggest any sort of 'buying in readiness of news' for want of better words.