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Uranium Resources, Inc. (URRE) Message Board

  • jpinvestor89 jpinvestor89 Nov 4, 2010 9:47 AM Flag

    I just locked some profits

    I just sold half of my positions above $1.8, 400% return just in a few months.


    Thanks!





    <JP>

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    • Always takes some courage to sell. I have a dilemma. This stock sold at ~15 three years ago. Spot uranium prices continue to rise and supplies are tight. The dollar is facing incredible downward pressure. Seems like a dream for this stock to get all the way back to its high, but does anyone have any ideas where it should be in say six months? IMHO 4.5

      • 1 Reply to mauro.mecca
      • Supplies are not tight yet in the USA who receives about 90% of its supply from other countries. 2013 when the contract with Russia runs out, it will get tight over here.

        My scenario is mainly based on an energy crises which many do not like to see.

        The Americans like to look at price advantages at any given moment and disregard long term problems.

        If the service industry pays more, let's forget about production. If illegals work cheaper, let's use them, if NG is cheaper, let's use NG............

        Many other countries which did not have it as easy as the USA are now looking more into the future and nuclear power is part of the energy future.

        Let's assume the economy is picking up faster than expected, your share price expectation can easy be on the low side.

    • Congratulations!

 
URRE
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