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Dan Mezick
09-01-2005, 09:58 AM
World's LARGEST uranium producer.

I said it before, and I say it again. I like it.

Last time I mentioned this, almost a year ago, it was 32.

Now it's 52.

1. End of Oil

2. Energy Bill has massive funding for nuke power

3. Energy Bill has provisions for funding the "marketing of nuclear" to US citizens

4. Stock has broken out to new all time highs on HEAVY volume

4a.There is another HUGE reason to consider this stock, read the energy bill to find the "easter egg". Far be it from me to ruin your adventure story here....

5. DO YOUR OWN DUE DILIGENCE.

There is no need for comfort with the fundamentals.


The chart has everything you need to know.

Chart:

Cameco Corp (http://finance.yahoo.com/q/bc?s=CCJ&t=2y&l=on&z=m&q=l&c=)


Previous Post:
I like CCJ (at 32) (http://archiveserver.twoplustwo.com/showflat.php?Cat=&Board=stocks&Number=1107326&Foru m=f16&Words=CCJ&Searchpage=0&Limit=25&Main=1107326 &Search=true&where=bodysub&Name=&daterange=1&newer val=100&newertype=w&olderval=&oldertype=&bodyprev= #Post1107326)

Energy Bill:
HR 6 (as passed) (http://www.congress.gov/cgi-bin/query/D?c109:6:./temp/~c109nyJTtD::)
09-01-2005, 11:00 AM
there another that gets played by traders more forgot the symbol starts with a U from what i remember.
09-01-2005, 11:02 AM
nevermind i was thinking of asbestos lol
09-01-2005, 11:57 AM
thanks for heads up, scalped some for .50
tek
09-01-2005, 02:36 PM
energy bill link doesn't work
TStoneMBD
09-01-2005, 03:00 PM
Noone listen to Dan Mezick. This is a clear case of pump and dump, but DM plans to pump it for a very long time before dumping.

/images/graemlins/tongue.gif
Dan Mezick
09-01-2005, 03:56 PM
Yes, I'm pumping it on 2+2 because that's where a post can generate 9 million shares of volume @ 50 a share !!
AceHigh
09-03-2005, 09:42 AM
P/E is like 70, seems awfully high. In contrast Exxon Mobile's p/e is 13.
squiffy
09-03-2005, 01:29 PM
Dan, the statements in your post are fundamental analysis. They are qualitative business reasons why the company should do well in the future.

Technical analysis means only looking at the chart. You are really a fundamental analyst in drag.

May I have the next dance /images/graemlins/grin.gif
Sniper
09-03-2005, 07:11 PM
[ QUOTE ]
the statements in your post are fundamental analysis.

[/ QUOTE ]

Squiffy, Dan's #4 would certainly not be considered fundamental analysis...

[ QUOTE ]
4. Stock has broken out to new all time highs on HEAVY volume

[/ QUOTE ]

That said, the best traders know how to apply fundamental, technical and other analysis to their trading. Which is why, the whole debate about which is better, is pretty pointless.
Dan Mezick
09-05-2005, 08:01 PM
Nice post ! Only the bolded statements I posted are not fundamentals.

I added that feel-good "fundamental stuff" so interesting evidence #4 (actually #1, and given position 4 placement) might yet get noticed by non-technicians.

#4 item was:
Stock has broken out to close, at new all time highs, on heavy volume.
Dan Mezick
12-08-2005, 10:02 PM
yesterday it hit 65. A year ago: 32. I'll say it again: investigate this stock and the case for owning it.
buffett
12-08-2005, 11:54 PM
[ QUOTE ]
There is no need for comfort with the fundamentals.

The chart has everything you need to know.

[/ QUOTE ]
And don't forget to always raise with Q/images/graemlins/spade.gif5/images/graemlins/spade.gif.


edit: sorry, i just couldn't resist
DiamondDave
12-09-2005, 03:47 AM
[ QUOTE ]
There is no need for comfort with the fundamentals.
The chart has everything you need to know.

[/ QUOTE ]

Dan, I have a bridge I'd like to sell you. Or perhaps you'd be more interested in some swampland?