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Anybody looking at uranium?

Posted on 9/27/21 at 9:30 am
Posted by Padme
Member since Dec 2020
6179 posts
Posted on 9/27/21 at 9:30 am
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
363 posts
Posted on 9/27/21 at 9:51 am to
Uranium Thread

There's been an ongoing dialogue in this thread.
Posted by Padme
Member since Dec 2020
6179 posts
Posted on 9/27/21 at 9:53 am to
Thx, my bad

Posted by DVinBR
Member since Jan 2013
12984 posts
Posted on 9/27/21 at 12:55 pm to
im so fricking tired of reddit pumps
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
363 posts
Posted on 9/27/21 at 1:05 pm to
It's much more than a reddit pump. It's a legitimate supply and demand issue and unlike many commodities, the production/mining/refining process takes a long time to ramp up and makes the price of uranium very vulnerable to a supply deficit.

The thesis is solid. The reddit pump is mostly referring to SPUT which is detailed in pretty good detail in the other thread that I linked. With or without reddit, this investment looks to pay well over the coming years.
Posted by go ta hell ole miss
Member since Jan 2007
13626 posts
Posted on 9/27/21 at 6:03 pm to
quote:

With or without reddit, this investment looks to pay well over the coming years.


It’s largely been a loser for the last couple of weeks, which was about the time Reddit started pumping it heavy. It may play out in the long run, but there will be a lot of loses along the way.
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
363 posts
Posted on 9/28/21 at 7:01 am to
quote:

here will be a lot of loses along the way.


If all you're doing is following the reddit pump... maybe you're right. But if you actually dive into what is going on in the market and take time to learn about the cyclical nature of this sector then you will get a clearer picture of the investment thesis. The tailwinds behind this thing are evident and it's worth spending an hour or two researching. Best of luck!
Posted by Jmart0527
Member since Jan 2018
65 posts
Posted on 9/28/21 at 7:46 am to
Most people won't take the time to understand the Uranium thesis or build conviction. If you're following reddit news then uranium investments will take your money. It's volatile and your butthole will pucker on the first red day.

Go back and look how uranium has performed since early 2020. It has been one of the best performing sectors and we're just getting started. The thesis has yet to play out and we have what looks like an imminent energy shortage coming in the world. Uranium investments are one of the best opportunities in the market. Maybe the best....

Good luck!
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