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mardi 22 mai 2012

THE PLAY OF THE DAY UUU (Uranium One)

Even if UUU has re-affirmed 2012 and 2013 production results, it has been hammered a lot recently especially on last friday when a 1M shares pulled the "one stock circuit breaker"

We do not see that too often on the TSX and UUU had no news to report. So, even if it must be approached with great care, UUU has now entered in the oversold territory and should rebound greatly unless bad news were to come.

I will be in at current level and expect an exit price around 2,50$

As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock.

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