Australian (ASX) Stock Market Forum

Uranium Shares have topped out

I still wouldn't invest my dough in australian u companies...too long lead time.. Africa is the way to go.
 
I don’t understand how can people be negative about U stock specially producer.
I don't have an opinion at the moment either way on uranium, I'd just like to see the likes of Lancer reign in the enthusiasm a little and add something to the thread.
 
I don't have an opinion at the moment either way on uranium, I'd just like to see the likes of Lancer reign in the enthusiasm a little and add something to the thread.

Fair enough but my opinion is if I had waited as you probably did I would not have got on any of the U stocks that I bought about 1 1/2 year ago namely DYL, PDN and SMM and missed on a huge profit. I based my decision on my experience of Nuclear in Europe and in particular in France where I believe 70% of the electricity is nuclear generated. Low risk and extremely efficient and as far as I was concerned not more expensive than here. So I bought into U stock here without a second thought and I have not been proved wrong so far. I believe this will continue there are too many positive factors at the moment that will push U stock higher namely change in policy, huge demand, shortage of supply ...

My preferred stocks are PDN, SMM, PNN, MTN. (Note that I own some of these stocks:)
 
Just thought I would bring this page back so synde can see how right he was....Its not too late to buy...

ps many u's have just hit new highs and will continue for some time...

doctorj said:
It's not too late to sell either. What makes you think they "will continue for some time"?



Because I have a pulse....

Lets face it nothing is a sure bet with investing, but U has a great future.
 
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