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Uranium Resources, Inc. (URRE) Message Board

  • rigcounter rigcounter Jan 7, 2011 5:59 PM Flag

    Globex futures

    Futures closed the week at 65.75 up from 62.00 at EOY. Strange to see futures and stock price headed in opposite directions. Today's action looked like a program sell. Wonder who? Wouldn't be surprised to see some form 4's to pop up shortly.

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    • Its nice to post a link! :)

      • 1 Reply to plank_pusher32
      • I take your response as a friendly scolding so please take this the same way, Metals futures are traded on all the commodity exchanges and I think there are four in this country. Oil, copper, zinc, moly, coal, corn, coffee, you name it and yes, uranium futures. If you are invested in this company I'm surprised you even need to ask for a link to uranium futures prices. Futures prices are easy to find. They're all over the internet.

        Oil stocks are my favorite but I've invested in copper and moly stocks and when the futures for oil, copper and moly go up the stocks of companies that produce these commodities go up. When the futures go down the stocks go down. Make sense?

        Uranium futures have spiked the past week yet URRE stock price has gone down. Not sure why? That was the gist of my post.

1.60-0.17(-9.68%)May 4 3:59 PMEDT