tango,,,I'm the pro on Cameco in toronto,,,I have no idea what the price of U was when the gov't privatized them, however when they drove it to 75 I kept hearing about this spike. I suppose it was shear coincidence that they offed a ton of stock at 75 with the help of instalment receipts and spikes. Don't get me wrong , I love trading Cameco, IMHO it is a great stock and a great company ,but I must look reality in the face. Spikes or not , it was off three bucks today...Moves of that magnitude , I want to profit from. Not here for a long time, hopefully it can be a good time. <g> IMHO, stocks are a pass the hot potato game, or musical chairs, all of them.
russell |
