Longs will see the stock move higher. Shorts are going to have to cover as the bottom for this stock is in the past.
Good luck, ez
include DOE support of USEC with Mr. Boehner's blessing?
4th quarter is usually good for power companies closing on enrichment orders too?
I like the recent higher volume on up days. I also like the bottom being tested again at 50 cents. So should go up. ACP is on schedule, no problems. Nuclear industry is picking up as well.
Sentiment: Strong Buy
The last time we were at 66 cents (about two months ago,) I sold some shares to make the payment on my double-wide. Then I was fortunate enough to buy them back in the low 50s.
So am I selling this time?
No way. I don't think this is going to pause until Q4 earnings are announced and, by then, we'll be above a buck.
(Of course, I could be wrong. So make your own bets.)
If i was in you i wouldn't be so sure!
Sentiment: Strong Sell