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Uranium Resources, Inc. (URRE) Message Board

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  • GWIX98 GWIX98 Jan 27, 2011 8:51 PM Flag

    URRE - BUY AND HOLD - THAT'S IT!!! NOT ROCKET SCIENCE!!

    You may say that, but plenty of folks including posters on this
    board have made far more money trading this stock.Please
    remember this stock has never been above $15 a share and that's when Uranium was priced at nearly twice what it is now, with 1/2 the number of shares.

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    • Yes, money could have been made. Many of us longs have been holding a while. Many longs bought when URRE was under a dollar. Smart ones sold half their shares above $3 (always take a profit). But URRE is way, way too volatile currently, to try and make money in the short term. Its a buy and hold for now. Many would not argue with this.

      But yes, I do see what you're saying though. URRE is obviously stuck currently between $2.50 and $3.50. If you can time it just right, of course you can make money, but who in the heck can wait on this timing with money on hand to time the jumps exactly at the right time to buy and to sell perfectly (unless you're a computer or just plain lucky). The laws of probability are against you. If you truly have the time and money to do this than you really don't need the money profiting from trading this stock - think about it.

 
URRE
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