LOL - the more you post the higher the stock price goes up.
Keep up the good job ddonny !!!
Loading Jan 2016 $20 strike call options..........
Japan will switch on the reactors by july is my forecast and now is the time to get into Uranium ( not after the media starts giving its attention)
It is called "Shaking the Tree"" in other words the more down it goes people like you will eventually give up and sell your shares. Then it takes the next leg up. ( Options manipulation in simple words).
Did CCJ loose its battle with CRA ( Canadian tax authorities) ? If i remember correct it was for $850M + int and are they selling Bruce power to pay the tax authorities?? I dont think there is a verdict yet but maybe they kind of know they are going to loose?? any thoughts around this??
Good analysis !!! You missed one important component - Tokyo Mayor elections on sunday. If Abe's nominee wins - I dont think this will go down that much. If he looses I have a target of $18 on the downside.
Using options on CCJ you can gain 100% even now. You get to trade quality ( CCJ) and good upside. To say only small caps will give you 100% returns from here on is not totally correct.
( Jan 2016 options are the way to go on CCJ)
CCJ is going to follow the AA route. AA was slaughtered to around 7.75 and it was stuck from 7.75 to 9 for a long time. Al prices started to move up and AA is up 25%. With Uranium - it is going to be the same. CCJ is doing very well under the current circumstances - Uranium moves up - this is a $40 stock.
Yes I own UEC. It has not rallied but I am not that concerned here. I did not take a look into their cash position - you are correct they did have a 20M Loan facility and they diluted the stock . They gave away 1 unit for $2.10 - which comprised of 1 common stock and 0.55 warrant. ( The warrant had an expiry of 3 yrs with 2.60 strike). Hence the stock dropped from $2.xxx to $1.60+.
1. Japan restarting Nuclear power plants - I expect this to happen this year.
2. Spot price moving up ( it wont soar overnight but will go up steadily)
You need a tonne of patience if you are playing this sector but it sure will pay at the end ( read in a year or so)
Good Luck !!!
Have you heard the word called "Leverage"?? All the data you presented is the past data. If the Spot price goes up the game changes......
"Sentiment" - Stock prices react strongly to sentiment.
when "Sentiment" turns bullish- aka when Spot prices go up - stock prices run up.
Looks like you are an accountant or a new bie to the world of stocks....
I checked their last results and this is what I understood.
10M in credit line - they used up almost half of it and the diluted their stock. So both combined they said they have enough cash till October 2014. So that is not an immediate concern.
I think some big institution is offloading its stake. They make sure that the price does not go below 1.60 and have been offloading regularly from the beginning of this month. That selling needs to be over for this to move up.
I bought it at 4.00 and I think this is a $30 stock by July.........which is the very reason why I bought the options. No rush to sell ........sit back and relax ...GLTA
You are probably correct. It is falling on technicals. I am going to wait it out.......in march when they come out with results I think it will start to move back up...........patience ......