I Like CCJ

Dan Mezick · #1 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

Previous Post:
I like CCJ (at 32)

Energy Bill:
HR 6 (as passed)

#2 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.

#3 09-01-2005, 11:02 AM

nevermind i was thinking of asbestos lol

#4 09-01-2005, 11:57 AM

thanks for heads up, scalped some for .50

tek · #5 09-01-2005, 02:36 PM

energy bill link doesn't work

TStoneMBD · #6 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.

[img]/images/graemlins/tongue.gif[/img]

Dan Mezick · #7 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 · #8 09-03-2005, 09:42 AM

P/E is like 70, seems awfully high. In contrast Exxon Mobile's p/e is 13.

squiffy · #9 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 [img]/images/graemlins/grin.gif[/img]

Sniper · #10 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.