I will analyse some uranium stocks in the coming days if you are interested. Uranium prices are extremly depressed, i don't think they will fall much further from this levels, this could be a multiyear opportunity to load up on uranium mining stocks
I am a newbie, went through the plot ( x axis in years). I see that the price fluctuation is very slow and curious about the duration of the stay in the market ?
IamJeanPaul
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@BhanuKiran, Hi mate, i am sorry i forgot to mention the duration, but this is very longterm (years). I would not invest in this market just for a shortterm perspective, because sometimes as you said it moves very slowly for months, and suddenly it starts moving aggressive.
So this trade is very longterm i would say for the years to come, and i am personally invested in some uranium stocks, and using money i am completly ready to lose, because this is just a buy and forget strategy, i am exceptionally not using a stop loss for now in this trades - so you see its very risky.
I urge you to manage your risk wisely, and if you decide to invest in this market think very longterm, and don't risk much money.
Thanks for response. Actually your article on GOPRO is well written, timely commented and a good learning source for a newbie like me. Which prompted me to go through your rest of your articles. Hence i came across this and just curious about the duration of the stance.
YannickLegendre
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Hi
Thanks for analysis
Have a look on cameco (main share of this ETF)
I am a newbie, went through the plot ( x axis in years). I see that the price fluctuation is very slow and curious about the duration of the stay in the market ?