Seeking Alpha

USEC jumps on no specific news

  • Shares of USEC (USU +14.5%) are powering higher today on no specific news driver. outpacing uranium and nuclear related names.
  • Other related shares: URRE +3.9%, TAS +4%, DNN -2.5%, UEC -0.4%, CCJ -0.3%.
Comments (7)
  • It is simply a small cap that can easily be played with and it is
    26 Aug 2013, 01:42 PM Reply Like
  • May be related to FCUUF. offer to buy Alpha minerals 50% interest in Patterson lake property for $7.26 a share.
    26 Aug 2013, 02:07 PM Reply Like
  • Global X Funds Uranium (URA) is a scam. Share prices go up, URA goes down
    26 Aug 2013, 03:11 PM Reply Like
  • Global X Funds Uranium (URA) has me really worried. Several of the shares in the fund have risen (slowly) but the fund remains at the bottom of its price range. Also, the composition of the fund keeps on churning over (and that is expensive for investors). This fund has managed to lose me half my money, even though uranium stocks have not done that badly. Anyone else out there watching who would like to comment?
    26 Aug 2013, 03:11 PM Reply Like
  • URA bought over 23% of the outstanding USU stock last week, as reported by USU on Edgar's S&P reporting. Since anyone taking a major position must submit a disclosure, it should have shown up on the URA radar too--but I haven't seen that. Yes something is up, IMHO
    27 Aug 2013, 10:55 AM Reply Like
  • Uranium is poised to go up from here. Maybe a few more lumps, but late '13 to early '14 steady rise is imminent.
    Long MCP, FCUUF.PK, DNN
    & GWMGF.pk (under 11 cents)
    WSCRF.pk (this one is starting to move)
    26 Aug 2013, 05:37 PM Reply Like
  • I'm surprised no one mentioned Cameco (CCO), far and away the largest and best Uranium producer with the capacity to scale up as necessary.
    27 Aug 2013, 08:22 PM Reply Like
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