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Uranium One Inc. (UUU.TO)

DON'T BUY
Delivered to many negative surprises in an operating and political sense and were too aggressive with their balance sheet. Risk/reward is not good enough for him.
COMMENT
Uranium. Used to be a component of the S&P/TSX 60. It got hurt for a while when it was taken off. Thinks it will be okay but he would rather be in Paladin (PDN-T), Cameco (CCO-T) or Uranium Participation (U-T). If you want to be in small-cap uranium, by 1 or 2 stocks, not just 1.
BUY
(Market Call Minute.) Above its 50-day and 200-day moving averages. If you don't own, you could buy that uses stop at around $2.60.
HOLD
Has had a nice rally out of the October low. Use a Stop at $2.50.
COMMENT
He prefers Denison Mines (DML-T), which is screening very well right now. Generally this would mean most of the stocks in that sector are screening well so this could be a reasonable bet.
HOLD
Wouldn't be a buyer of uranium right here. If you own, hold but it will be a while. Some holdings in Kazakhstan.
DON'T BUY
Got hammered with some of the political issues that arose. Short-term, it looks like this has been put to bed but there are enough things out there that you don't need to take that risk.
DON'T BUY
With this one you are into the trickiness of Kazakhstan so it is either a Hold or Sell. You really don't know what the dictators and former dictators will finally decide. Great assets.
DON'T BUY
Hates the offshore Kazakhstan type things. Until that is resolved, he will just sit and watch. (Have some of their debentures.)
SELL
You have to have tolerance for them being in Kazakhstan. There is a conflict between the government and the parties that sold the property to Uranium One.
DON'T BUY
Think uranium companies have reached their peak but doesn't think uranium has reached its yet. He is waiting for pullbacks. Doesn't care for the location in Kazakhstan. Would prefer something like Uranium Participation (U-T) instead.
COMMENT
Positive on uranium going forward. Trend towards more nuclear stations is intact, especially in Asia. Uranium prices should be stable to higher over the next 5 to 10 years. This company is in Kazakhstan and there are currently some problems with the government.
HOLD
A compelling story. Has growing, low-cost production. New management has cleaned up the cobwebs. Kazakhstan is not an easy place to operate and this is what will hurt you with this stock. Japanese have a 20% stake so over time it could be a full takeout.
BUY
Good risk/reward. Big and putting in a bottom well before the beginning of this year. Expects there will be consolidation in the sector. (See Top Picks.) (He uses a $3 stop.)
BUY
Chart looks wonderful. Stock has potential of going up to a consolidation area of about $5. Use a stoploss of about $3. Widely followed company and actively traded.
Showing 106 to 120 of 236 entries