More:I learned this when I was researching Fluor. It's interesting:
https://www.elitetrader.com/et/threads/gbas-2021-stock-phantasma.354298/page-663#post-5419596
Uranium tops Morgan Stanley’s commodity thermometer - MINING.COM
More:I learned this when I was researching Fluor. It's interesting:
https://www.elitetrader.com/et/threads/gbas-2021-stock-phantasma.354298/page-663#post-5419596
Thanks for a good explanation of your thoughts. Good to see how you factor all those things to reach an definite conclusion.It's a good company, but I just think it's better to be cautious right now.
It's about 3% below an all-time high, I really wanted to see it start making a move in that direction with the earnings report on Wednesday, albeit they only announced that a few days ago. The hurricane and the floods should have moved it too because the insurance companies are going to be busy.
$130 would be a bargain, but watching other companies this earnings season that don't break their highs when they were close, they have been seeing about a 6% drop. That would peg it near $137, which was a recent low. The company is priced to perfection. Any hint of the business slowing will be met with some aggressive selling. That and the overall uncertainty of the broader markets.... I think it's best to be cautious for now.
Also, I saw some decent put buying yesterday too, at the ask. Not real big, but big enough.

I had no idea that Uranium even traded like other commodities!

Thanks for a good explanation of your thoughts. Good to see how you factor all those things to reach an definite conclusion.
I'am getting the feeling the market will never have a correction anymore. That has been the best 'indicator' for a correction to come though. But we'll see offcourse
CPNG comes in reach of your buy orders. EVLV was also playing with its 7.00 range.
$20?!HEY GUYS CLOSING THIS OUT A FEW CENTS SHY OF MY PT... I'M SURE IT WILL GO LOTS HIGHER BUT I'M OUT. Van we made $20 a share!
Etsy, Inc. (ETSY)
$219.94+6.44 (+3.02%)<-------------
As of 2:27PM EDT.
Oh I should just end it now- Perfect timing! On ETSY!!!! .... Arrrrrrgggggg But I just found that 888 I can't stop/
- The Savant
Savant
![]()
I had no idea that Uranium even traded like other commodities!
So can I take physical delivery in NY or Chicago?
"Yeah I'm here to pick up my 50 pounds of high grade Canadian Uranium... just have your guy dump it in the back of the truck. And tell him to be more careful this time, last time he scratched up my bed-liner".
Wtf!!!!?
![]()
Oh and PS there master... who was it that flagged our perennial dog FINALLY on the move this week at $29?
https://www.elitetrader.com/et/threads/gbas-2021-stock-phantasma.354298/page-844#post-5448721
QURE closed today at $31.25, up 6% and I doubt this time its going to do much giving back. But we'll see on that one.
All this.... and I never once look at SA or Motley Fool or any other source for ideas.
Respectfully yours...
-the master savant.
EDIT.....
well the good news is, after I made that post, my browser went ham and my internet kicked off. I swear to god.Yeah, low-grade Uranium futures have been around for quite a while, but the volume is nil on the CME. And of course, it is financially settled. No nukes for you.

well the good news is, after I made that post, my browser went ham and my internet kicked off. I swear to god.
![]()
f-em
3> LESL-- I smell an investment! IRA this!
.
