Uranium - Turd in the pool?

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Uranium - Turd in the pool?

Post  lukera on Tue Apr 12, 2011 12:38 pm

I was doing some research today and came across an analogy that someone had used.

"Analogy: someone yells "turd in the pool" (media frenzy on nuclear disaster) and everyone panics and gets out (sells shares) when in fact upon closer look it's only a melting chocolate bar. Bar is quickly removed and within a short while everyone is back swimming. Buy now and look back and prosper in a couple of months. The worlds focus will be elsewhere."

It made me laugh and really did fit the situation.
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Re: Uranium - Turd in the pool?

Post  Max on Wed Apr 13, 2011 10:06 am

While I pretty much agree, I am beginning to think it will not blow over as quickly (After removing the chocolate bar, they will have to test water samples, hold a referendum to see if they should continue using the pool, sign waivers, post additional life guards, and then get back in the water).

While big name players like Cameco should do fine, smaller companies may get hurt since they are more dependent on short term prices. I think about the stock market as moving from trend to trend, and I don't know if investors are as eager to jump back on the bandwagon with the effects of the crisis in Japan still not fully known, and the media assault on nuclear power not yet reached its climax.

I am staying cautious at the moment.

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Re: Uranium - Turd in the pool?

Post  lukera on Wed Apr 13, 2011 4:49 pm

lol, well said.

UUU specifically, I don't think you can go wrong at this point. this stock has the liquidity and volatility to trade daily for some quick gains.

Having said that, I think even if you did enter at the wrong time, the worst you would have to do is sit on it for a few months. this stock will go back up!

BUT, I have been known to be wrong before... Smile
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