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


To: Gib Bogle who wrote (29465)8/20/2025 10:43:49 AM
From: sixty2nds  Read Replies (2) | Respond to of 30192
 
WRT...

EU down more than UUU

OUCH.

I took a look at both charts.
The Daily is Ugly.

The Weekly and especially the Monthly are better.

I opened construction of a Position in UROY in September 2021 trying to play Breakouts.
I finished the Position in December 2021...but not successfully ie not Profitably.

I sat.

The Fundamentals just kept getting better.

I sat.

Profits did not come.

Realizing UROY like the U miners would continue to be diluting...
I decided to double down.

February 2024 I started the 2nd position build.
I did the opposite what I did 1st Position.

I tried Bottom Fishing....aka...Javelin Catching.

The supply imbalance is real
BUT
The time line was pushed back by Utilities "Flexing Up" existing contracts.
Add
more time for Utilities drawing down inventory.
and
Japanese restarts taking longer than anticipated.

The 2nd Position was completed 12 months ago.

The U miners ARE having problems meeting timing and production targets.

Who knew...

I am prepared to S. I. T.

another 4 years.

There will NOT be another add to UROY.

Justin H, Mike A, Rick Rule, and the GoRosen crew all said early on.
as in pre 2021 and I will paraphrase...

Do NOT trade Uranium.

Trade around a core position if you must.

Diversify.

Sit still.

It will take a decade to play out.

You will get killed if you trade Uranium.

The swings are too great.

IF

you learn from Masters of the Game.

Listen.

Cheers,
60