I'm very curious what makes you think Cameco doesn't have their "act together"? Merely saying that makes me wonder if you understand any of the following basic facts:
1. Cameco mines, refines, and sells Uranium.
2. Uranium prices are not set by Cameco, but by supply and demand
3. Uranium prices are at an extremely low level right now for a number of reasons
4. Despite #3 (low Uranium prices), Cameco is profitable while few other miners are
Now... having reviewed these facts, please try again explaining what makes you think this company does not have their act together. Thank you.
I believe dlhild is only looking at the action in the price of the stock, which is affected by many different things. All things considered, I believe the stock price has held very well, and the lousy uranium market the past few years has created a buying opportunity.