Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

 

Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« Europe’s Reliance on Natural Gas Challenged! | Main | The Competition has been Won! »
Wednesday
Jan022008

Uranium Stocks Test August Lows

The past few months have seen some more weakness in uranium stocks across the board, battering share prices down towards lows made at the height if this summer's credit crunch.

The following charts attempt to show a cross section of uranium stocks and how many are falling back to lows made on August 16th.

Uranium Stocks Test August Lows 020108



Despite it being somewhat disappointing that uranium stocks have fallen back to where they were, this cloud does have a silver lining. The stocks have fallen to the lows, and then bounced on them, confirming that we now have a resistance level, a base upon which the industry can build the next leg up of this bull market.

Do not be fooled into thinking that the uranium bull market is anywhere near over. We still have a good chunk of the bull left to go, especially where uranium stocks are concerned. The metal may be slowing a little, but could still easily double in price. This will of course catapult the quality uranium stocks to new highs and even at current prices levels, many uranium miners stand to make a lot of money.

If you have got some uranium in your investment portfolio, then take advantage of these low prices and get your hands on some quality uraniums. To stay updated on the uranium market and keep informed on what uranium stocks are doing, subscribe to The Uranium Stocks Newsletter which is 100% free. Simply click here and enter your email to subscribe.

We would like to wish all our readers a happy and prosperous 2008!

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (3)

I'm very new to trading.Can you recommend the most popular Uranium stocks and the ticker simble? Thanks.

January 2, 2008 | Unregistered Commenterjayme

The site sends out specific "buy" signals from time to time, so you might wait around for those. One stock that's both a producer and explorer that's liked a lot by uranium newsletter writers is Denison Mines (DNN). You can still buy it under $9 these days. This isn't a recommendation, just an observation. Personally I own shares.

January 8, 2008 | Unregistered CommenterDaniel

So with all the talk of a possible recession starting, do uranium stocks have the power to maintain or grow their positions? Or, are they subject to the same or lower prices that have plagued the stocks since december?

January 14, 2008 | Unregistered Commentertim

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>