This rumor has been floating around for quite a while. Volume increase could be due to other news, i.e., codeshare agreements, bigger equity purchase by Delta. We'll find out soon enough.
URZ is my primary acquisition in the uranium space. For me as well, I'm looking to add more over the next month or two. Looking for a little bump from state financing but I need to research the state of affairs in Japan to see how much they come along.
kinged is no means a basher. The new directors appointed to the board have an extensive background in bonds. The CEO also warned the company will run of of money sometime next year. If you look carefully at his comments in the recent conference call you will definitely get a picture of USU health as a publicly traded entity is in trouble.
Sentiment: Strong Buy
But NBG already has a self-imposed 12% created back in May. I'm not sure were they stand right now but an 8% capital ratio? Not a problem for NBG. Today's news out of Draghi's mouth had an impact but it created an buying opportunity. Looking forward to next earnings.
...but we don't have to wait much longer.
Europe now has much better prospects for its recovery and growth. NBG recovery is still at its incipient stage. What IRE did over the past year will happen to NBG in a more compressed time frame. The reason for this is that IRE began its recovery amidst Europe's uncertainty of its direction. I wish I had more funds to build up my position.
I'm very appreciative of your messages...it looks like USU could hit your target of $7.50 sometime this week. I'm so glad I sold my 6000 shares at 11, Ultimately, those funds will be totally invested in the other companies. Right now--DNN and URZ. URG is very tempting and I think the floor is in just above $1. Back in April it was below .80 for a time but that surge thru 1.3 had already retraced 30%. I read that Australia has the worlds biggest deposits -- I'm looking for a similar company like DNN, URZ, or URG that might be a good geographical diversification.
I can see why you feel this way about the R/S, especially if you've been burnt before. But they are many cases where the R/S have succeeded i.e. IRE, NBG. When you take the particulars of each case, one can make a very good case that ZLCS will be a prosperous survivor.
Do you think there could be more dilution or was in already baked in? I think the uranium future is encouraging given the Russian conversion of nuclear missiles is over and the plans for more facilities around the world.
Also, is there a company's measure already approved for a R/S?
Nothing fundamental changed, but some investors confuse PPS with an underlying value. Of course, there are some companies that choose a R/S as a Hail Mary play simply to extend their listing. Some companies thrive while others demise. You have to look carefully at the financials and the realistic prospects that will drive the company forward. IMO, there are good developments we can look forward to withing a relatively short time-frame. Including the inherent risk of a small drug development company, longs have a good risk-return profile with ZLCS.
People scared of the R/S are selling their position and I thought this was going to happen today. After the shakeout we'll head up. Look at 5 day chart. It appears still strong in spite of the R/S. I'm with you on the green call.
My wager is the price opens near 7.20 and will move down from there to ???
My experience is that R/S's are not good from the get-go. I could be wrong, but if it's not, it will be to my advantage I since still own shares.