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Uranium Resources, Inc. (URRE) Message Board

  • mauro.mecca mauro.mecca Dec 4, 2010 1:19 AM Flag

    Takeover targets URRE and Dnn

    The dynamic for the upward trend in uranium prices and miners with known reserves has not changed. The price of this needed industrial commodity is also supported by downward pressures on the dollar. Therefore IMHO there is more to the recent drops followed by recoveries in this stock and DNN, than panic selling and short term profit taking. If a consortium were seeking to acquire a company, it would make sense for them to make stock dumps early in a session to induce more panic and profit selling. Then begin to buy back stock at the lower prices. (Hence the early drops in the session followed by increases) At the end of the day they would own more stock at a lower price and have the ability to put a damper on big inreases in price. Ultimately the cost of acquiring the company and its assets would be lower. Does anyone agree that both DNN and URRE are therefore imminent takeover targets?

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URRE
1.95+0.020(+1.04%)Dec 26 4:00 PMEST

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