Urz

[Gwhiz]

What are everyone's thoughts on URZ and the uranium market?

Many stocks have pulled back a little bit after the 113 dollar uranium sale. URZ has pulled back only slightly, forming what appeared to be a head and shoulders initially, but now looks like it may have been only a minor pull back on the way up.

Anyone interested in this industry?

Anyone have any technical insights into URZ or other uranium stocks?

Happy trading,

GWHIz

[mrmarket]

Flavor of the month...

[Gwhiz]

Uranium has good fundamental reasons for its bull market and will likely continue its bull run, though it may correct in the future.

some of the other reasons I like it are outlined in a pretty amateurish article I wrote for seekingalpha in the fall.

I've actually liked this stock since it bottomed around 1.5, as you'll see if you search URZ in the forum.

Many uranium stocks, I agree, are total scams, but based on its management i believe it is safe to conclude that URZ is not.

though URZ does seem to have a pretty high valuation, I don't think it would be unreasonably risky to try to capture all of its bull run.

[mrmarket]

I don't know Morgan...I just can't show a lot of love for a company that has yet to post any revenues. Maybe I'm just an old fart.

[mrmarket]

That's a very well written article! Please show us more!

[Gwhiz]

i posted two others, one on XNL and one on ANSW, the URZ one is better than either though.

[Gwhiz]

posted two in of the same by accident