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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (11123)	5/14/2007 4:50:24 PM
From: jimsioi	Respond to of 30213

dabum3 - great charts.... Agree with your views...It appears there was much distribution of uranium shares in April and early May. Given some of today's closes it looks like we'll see lower prices ahead fairly generally. SXR's President may be correct that uranium prices are going higher and they'll need to to stem the decline in SXR which closed below its 50 day ema today, AGAIN. There is so much fear of bubbles and some of these producers and near producers are selling at some pretty good multiples to revenues and cash flow projections of 2010 that I'd believe uranium itself could go to $150 and the stocks, generally not make new highs.