Uranerz Energy Corp. (AMEX:URZ)
CAPS Rating:
An exploration stage company, principal business is the acquisition and exploration of uranium and mineral resources.
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An exploration stage company, principal business is the acquisition and exploration of uranium and mineral resources.
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I originally caught wind of this company from Gtrinvestor. His pitch can be found here:
http://caps.fool.com/Pitch/URZ/2408682/re-re-load-but-here-is-my-orig.aspx
Since his write-up, this company's fundamentals have not improved. I'd venture to say they've actually gotten worse (now under $5M in equity and decreases in the top & bottom line). Yet, the stock has appreciated.
In times like these, I try to remember that the market is a voting machine short term, but a weighing machine long run (said by Ben Graham). This company's poor prospects will outweigh hope and momentum.