Daily Stock Opinions and Ratings

Opinions

Elliott Fishman UEX Corp. UEX-T DON'T BUY Jan 28, 2019

The million-dollar question: so where the price of uranium will go, because it's been dead for so long. Don't put new money into it. A long-term play, not short-term.

Elliott Fishman

Unknown

Unlock Rating

$0.170

Stock price when the opinion was issued

other mines

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

COMMENT

Went through a bit of a management change. A long time story. Cameco (CCO-T) own about 20%. Not getting a lot of attention and needs to get larger. Kind of in the development mode, which is boring to some investors.

DON'T BUY

Uranium space, since the Japanese earthquake, is dead money for smaller companies. They are not going to have the capital needed to develop their projects. No reason to be here for a couple of years at least.

DON'T BUY

There has been a lot of speculation on takeovers in the uranium sector but he doesn't see it for this company. He is still negative on the uranium sector.

BUY

Juniors in uranium look very attractive right now.

DON'T BUY

Often one company in an industry is taken out and all the others act like they are in play. Can this one finance the extraction of their deposits. Uranium is an interesting contrarian area. They don’t interest him because they are too confusing, their balance sheets are ugly or they are in countries that he doesn’t like. If the whole sector is down then it is good for each stock.

COMMENT

Poised for a takeover? If you have a longer-term view, there are values in these uranium companies if you can project a $60-$70 uranium price again. You would have to hold a basket hoping that one of them would get taken over.

DON'T BUY

Thinks the whole uranium sector is cloudy right now. The only activity might be the scooping up of smaller producers by larger producers. To buy a stock based on this is not really the best reason. Feels there are better places to be.

COMMENT

Not one of the foremost currently in terms of the smaller companies. Much of it is in the western basin, which tends to be deeper.

COMMENT

A small uranium exploration company, and is really going to trade with uranium prices and exploration success.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Elliott Fishman UEX Corp. UEX-T DON'T BUY Jan 28, 2019

You might be interested:

UEX Corp.(UEX-T)

UEX Corp.(UEX-T)

UEX Corp.(UEX-T)

UEX Corp.(UEX-T)

UEX Corp.(UEX-T)

UEX Corp.(UEX-T)

UEX Corp.(UEX-T)

UEX Corp.(UEX-T)

UEX Corp.(UEX-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Bruce Murray

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Chris Blumas

Stockchase Insights