Two Plus Two Older Archives

Two Plus Two Older Archives (http://archives2.twoplustwo.com/index.php)
-   The Stock Market (http://archives2.twoplustwo.com/forumdisplay.php?f=28)
-   -   I Like CCJ (http://archives2.twoplustwo.com/showthread.php?t=327492)

Dan Mezick 09-01-2005 09:58 AM

I Like CCJ
 
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)

09-01-2005 11:00 AM

Re: I Like CCJ
 
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

Re: I Like CCJ
 
nevermind i was thinking of asbestos lol

09-01-2005 11:57 AM

Re: I Like CCJ
 
thanks for heads up, scalped some for .50

tek 09-01-2005 02:36 PM

Re: I Like CCJ
 
energy bill link doesn't work

TStoneMBD 09-01-2005 03:00 PM

Re: I Like CCJ
 
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 09-01-2005 03:56 PM

Re: I Like CCJ
 
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

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

squiffy 09-03-2005 01:29 PM

Re: I Like CCJ
 
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 09-03-2005 07:11 PM

Re: I Like CCJ
 
[ 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.


All times are GMT -4. The time now is 07:25 PM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.