I don't want to sound like a downer, but I don't want U stocks to become too popular too early, from the sector wiping 10-20% over the end of last week to massive gains last night doesn't sound amazing. This sector doesn't need any extra volatility.
I am happy about silver being lifted by Reddit popularity it may get the shorts to back off and let it silver run its natural course.
But now Reddit is now talking about Uranium squeeze, I have no idea how that would work, but I want uranium to take off due to supply and demand fundamentals and not because its flavour of the week. I hope that for people on Reddit their time horizons are longer than a couple of weeks.
I feel super old right now(although I am not) as I am complaining about Reddit.
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I don't want to sound like a downer, but I don't want U stocks...
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$1.09 |
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Open | High | Low | Value | Volume |
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---|---|---|
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2 | 42500 | 1.070 |
1 | 10000 | 1.060 |
2 | 13500 | 1.050 |
4 | 56115 | 1.040 |
Price($) | Vol. | No. |
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1.130 | 800 | 1 |
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