Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (55890)	11/12/2004 11:31:43 PM
From: energyplay	Read Replies (4) of 74559

Hi Jay - I can see that you might be tempted to sell CCj Cameco after the BIG pop today.... I need to find out why it went up. I think I will hold out at least until it gets close (like 99) to the next BIG ROUND NUMBER ---100. The other good reason - CCJ is the Newmont of Uranium - money goes into atomic power, a manager can buy a power plant builder like Westinghouse /Areva/ etc. - part of big comglomertates, usual construction hassels...or buy a uranium stock. Even in Gold, there are 3 or more choices - NEM, ABX, PDG, FCX NEM being the best, but some others okay too. In uranium, only one big, liquid, low cost, blah, blah,blah etc. name - CCJ.

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