Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I just read an aritcle that the cost of uranium is going to skyrocket as the supply dwindles. this is supposedly because the nuclear plant must use it.
We have enough natural gas and coal for 300 years. Why are we worrying and what should we invest in?
I recently got out of Uranium, but am looking to jump back in once I sight the bottom.
Sector is depressed becoz of Japan and will be for another year or so.
In ten years though, they are hundred baggers, possibly. I liquidated coz I needed the money to make money elsewhere. But I will jump back in soon. Am waiting to get to the bottom.
I have also been curious about uranium. Could it be the next boom? I think it's as likely as anything else. I'm not going to try to pick any bottom though. Looking to move away from silver and into uranium slowly.
One may also want to research the number of nuclear reactors being constructed. If I'm not mistaken, no new plants have been built in the U.S. in the last thirty years or so, but I could be wrong. Of course, one must consider global demand and how many are being constructed abroad.
Was checking into short interest on some of the U tickers.
CCJ, USEC and UEC have an unbelievable amount of short interest. That should tell you this sector will be depressed for another year at least, before wildly swinging back in the money.
Investors need more time to forget Japan. But any time, aftermath radiation news hits the newswire, the sector will be screwed all over again. Cyclical trend.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
