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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Mr.Gogo who wrote (41759)	3/15/2011 11:03:43 AM
From: ValueGuy	Read Replies (1) \| Respond to of 78565

Uranium looked pretty good until now...been tracking UEC, URG, URRE and URZ. They advanced a lot since July 2010 (URG and URZ gained 200% up to a few weeks ago). However, chickened out buying positions in them as I wasn't confident that they had the resilience to stand up against something like the current catastrophe (though no one could have predicted what is happening now)...and I was right (though I'd have been happier if I had been more decisive until end of Jan 2011 at least!). Tried to buy put options for them but did not meet the asking price, so missed out on making nearly 30% today on some of these puts...