Are you kidding me? Why isn't the sky red? They know perfectly well this Company is toast, why the heck would they waste any of the money they've taken from unsuspecting "investors" into this fraud?? Hmnn...I wonder why oh why aren't they buying their own shares roflmao???
about to break $0.50 to the downside. After that all bets are off, but will likely re-test the $0.45 lows. And if it breaks there then no telling where it goes, $0.30, $0.20, $0.10?? And since no catalysts in sight whatsoever, could stay down there for many, many years. Cheers!
no answer from the yahoo message boards cheerleader boy lol! Seems pretty logical to say it is headed much lower, not higher. Oil is not done (low $20 still on the way within a few months), and I think the next leg down takes U much lower with it. We'll see time will tell, but it is hard to see any meaningful catalysts for a U move upwards in time when there is ample supply and not much more incremental demand, all while all commodities continue to take a beating.
My argument is simply exactly that: uranium has not participated recently in the beating that other commodities have taken, even though the supply/demand dynamics are more or less similar to other commodities (especially some of the metals like copper and zinc, as the supply glut in oil and gas seems to be much larger than the supply glut in these metals, as well as uranium). To that extent, I believe that the spot will have some catching up to do and that the next move will be a major drop to "catch up" to what other commodities have done. The other scenario is that other commodities move back up and uranium spot stays where it is and maybe even slightly moves higher with other commodities. But I see this scenario as very unlikely, as, like I explain above, I still see oil heading lower from these levels in the short term. Hope this explains it. Cheers!
However, longer-term, we will see supply/demand dynamic balancing out and at some point spot prices will begin to rise. I am just not sure how long it may take...maybe even 10-15 years, or maybe just a few years, who really knows? I hope sooner than later (like most cheerleaders on this board), however, hope is NOT a good investment strategy!!
the "earnings" (or lack thereof) were not just BAD, they were absolutely ATROCIOUS. Downgrades coming tomorrow since the Street is trusting this con artist with the name Musk less and less...his nonsense on so-called "deliveries" for 2016 is nothing but pure fantasy...later in the year they will adjust this fantasy downwards and we should see this bubble back below $100....cheers!
or could open in 150's and end in 130's just as easily. The numbers were not just bad, they were absolutely atrocious all across the board. The la la fantasies of "deliveries" is hardly relevant since they always (every year) adjust it downwards throughout the year. This con game of aiming high, but delivering low is all but over here. Will be below $100 later this year with very little doubt. Cheers!
did you not read what I said? Every year for the past three years I have been watching their so-called delivery guidance, they NEVER delivered and always adjusted it downwards. Nothing ever changes here.
what does management have to explain exactly? Uranium prices globally are completely out of their control, while they are doing their best to keep their costs down. It is not their fault this company wont survive...blame it on the global economy man!!! lol
Looks like they have officially gone dark now...the former execs living in mansions in the Caribbean at the expense of idiot, lumpen class US-based "investors"...cheers to everyone!!!!
I think they're beyond "filing" anything...I don't think they have anything to do with the company anymore and there are no more operations going on...this piece of toilet paper will keep on trading with no news coming out at all anymore...slowly trickling to a penny or below over time...say "bye bye" to your capital if anyone still holds this piece of trash hahaahaha!!!
LOL why just stop at $1.20 man, let's just scream and shout that its headed to $5, or $10, or what the heck, $50!!!! Hallelujah, cheers to everyone!!!!!! Hilarious...
The point is simple: the stock is not moving anywhere until spot prices move up. However, there are no catalysts to move the spot up in a deflationary environment with collapsing commodity prices. But making "predictions" of $0.65 and $0.90 or whatever without any substantiated catalysts in sight for this move upwards is a bit far fetched, that is all. In the long run, IF this Company survives, it may indeed head higher. But we have to be realistic here. I would understand if you would have said $1 within the five to ten year time frame (bringing an awesome 10-20% annualized return on this investment from current share price, a feat that a VERY few pro money managers can do). However, when people spew non-sense and discuss a doubling or tripling of stock price within a month's time frame with ZERO catalysts in sight, all I can see is pathetic desperation in these people's words...cheers!
I was actually short SUNE for a while and I am heavily shorting SCTY. The gold move has nothing to do with commodities, which are mostly all heavily over supplied in a world with declining industrial demand. Gold is moving up as a fear gauge, because of large uncertainties facing global equity markets (for some reason people still perceive gold to be a safe haven in uncertain markets, which is weird, but it is what it is). So, I am confused what point you're trying to make about gold. It will not move commodities one way or another. In fact, with the next leg down in oil to $20 (or below), I suspect uranium spot may move into the teens or low $20's. If that actually happens, then URG should see significantly lower prices over the next 6-12 months. Cheers!
well at least the article they have out on WDAY is right on point...this heavily over valued thing is still going much, much lower. Cheers!
go check your records and my posts on wday from previous 12 months...I've been short since $85-90 here and continue to be short...this is one of the easy ones!!!!
do not worry my friend...the cheerleaders on this board will surely cheer you up with their awesome tales of uranium being the future of all futures and urg share price being at $10 or higher next year...all the mean while spot is dropping every day, just as I predicted, and will most likely continue to drop for the foreseeable future. Get ready for $0.30's shortly and much lower prices this time next year. Cheers!
And you've just explained exactly why spot will not be moving up any time soon. Because "they can ramp up production", which can be attributed to all junior miners. Therefore, until these juniors are eliminated/wiped out, spot won't be moving anywhere.