Uranium price tipped to soar, page-46

This clearly has to be the result of a mutually convenient arrangement between fund managers. On the ASX trading platform, to have over 24,000,000 shares of the days total trades of 47,000,000, that is over 50% of the days total, sold at the closing auction at a discount of nearly 10% of the closing price, does not just happen by accident.
What we are left to ponder is why.
The pessimists will see the dark side and may bolt for the door tomorrow and possibly this is just what they want. We must remember that for each share sold, one was bought - all 24,000,000 of them (approximately $1,900,000!).
So it could be the start of the end, or maybe the end of the cage rattling and we could see the start of the long haul back. I personally won’t be selling and may even buy some more when the dust settles. The uranium market will recover and if PDN does survive, I believe will provide a more than adequate reward for our suffering. It all gets back to risk/reward and our individual tolerance to both.
Good luck to all, which ever way you go.
p.s. for what it’s worth, my first and admittedly optimistic thought was it was an organised short covering, with a plan to pick up more at a discount if they manage shake the tree