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Online Share Trading

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Urone one exagerratedly oversold, it's pulling back

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Not applicable
I think that the market is just pushing the share to hard, uranium prices are picking up and the forecast they gave was because of temporary reasons. I say it's a buy short term anywhere below 75
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8 REPLIES 8
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Super Contributor
Presently 33% of my share portfolio is this one; if it drops more will buy more.
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Regular Contributor
I like this share. Bought at R71 and hope to sell at R85 when it recovers. Will buy more at these levels.
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Super Contributor
Kom julle bang gatte!!! Dump your shares now! I want more at under R70.
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Regular Contributor
Negative SENS this morning: "For 2008, the Company is revising its production forecast to 4.6 million pounds U3O8 from 7.4 million pounds U3O8, primarily due to the temporary sulphuric acid shortage". Even with uranium price handsomely up this poor production forecast is not nice.
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Super Contributor
38% downward forcast! They are lucky to be trading only 14% down today!
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Regular Contributor
Monitor Toronto main listing price movement on Yahoo (Just google TSX:UUU) after their bourse open 15h30. The share is a heavyweight over there, we are the penny traders here. I sold out last week, maybe I buy back in late afternoon.
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Super Contributor
Wheres agood entry point for this share in your opinions?
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Super Contributor
Looks like Uranium will become a scarcer. Should push up the price of uranium cancelling out a bit of the production decrease.
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