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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (55890)11/12/2004 6:09:30 PM
From: orkrious  Read Replies (1) | Respond to of 74559
 
so have placed orders to sell


you're not shorting this market?



To: TobagoJack who wrote (55890)11/12/2004 11:31:43 PM
From: energyplay  Read Replies (4) | Respond to 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.



To: TobagoJack who wrote (55890)11/13/2004 12:46:54 AM
From: energyplay  Read Replies (2) | Respond to of 74559
 
CCJ Cameco - TD Waterhouse has a target price of 130 Canadian dollars, which is soon to 140 US Dollars...