What causes the 35+% rise? Thank you!
most uranium stocks are up cause of cameco's problems. look at NCR.v, UNR.v ,DNN. Cameco provides about 10% of world needs, as I understand it. K.S.
The question is why urre is up 32.41%. The others are not up so much. Is URRE such a big player?
This is the comple linkhttp://www.fool.com/investing/high-growth/2008/08/13/a-fresh-jolt-for-uranium.aspx
You mean this is a short term pop. Should I hold onto URRE?
This whyhttp://www.fool.com/investing/high-growth/2008/08/13/a-fresh-jolt-for... Cameco Flooding.. Uranium go up URRE makes money
Volume is way up also today - it could be short covering, but it didn't look like such a big short interest to drive this type of volume.
The Chinese plan to build a lot of Nuclear Reactors as there is a big shortage of electricity over the whole China.
oil is up 3.25. People say the Chinese manufacturing machine will be back up after the Olympic. Perhaps, the Chinese are buying oil again. According to Bloomberg, the Chinese manufacturing machine will surpass the US in 2009. They need a lot of oil.