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swingtrader930 (81.77)

Anyone have the scoop on UEC ??

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June 20, 2009 – Comments (2) | RELATED TICKERS: UEC

This stock seems to be a long shot play of a Uranium mineral company.  It only has 33 people and is burning a lot of cash??    However, the stock is soaring like a missle !!   Is anyone following this story??   With the Obama policy still undecided in my opinion, and the trend being the move away from fossil fuels, this could be a play if UEC is holding anything.   Does anyone have any inside dope on this stock??   To me this issue seems like it has gone way way too far too fast.   http://www.trendingtimes.com

2 Comments – Post Your Own

#1) On June 20, 2009 at 11:28 AM, rd80 (99.25) wrote:

I put UEC on my watchlist as a potential red thumb after receiving two spam e-mails pushing it.

Haven't done the homework yet, but a quick look indicated they're mostly hype.  No revenues.  They do have mineral rights to a number of properties, but I haven't found any evidence that they've actually found uranium or anything else of value.

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#2) On June 20, 2009 at 12:20 PM, swingtrader930 (81.77) wrote:

So its a pump and dump.  Kind of what I figured.  At some point soon tis should be a good short play.  Good luck with it.  Let me know how it works out for you.  I do think at some point there willl a good play in the Urnamium nuclear power sector.

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