Ag
I hope ur right with AYN - I have been watching them bounce around the 10 cent mark for quite a while now - Friday they closed in the low 9s so if they break down thru the 9s I will be in - we'll have to see what the market does on Monday. The US markets closed up higher but that really doesn't mean anything - Bernake and his Operation Twist really set up the markets last week for a fall - I just hope it keeps happening this week. I dumped a whole heap of stocks that were in profit at the start of Sept when the ASX bounced up to 4400 ish (after Bernake's last speech) and have been waiting for the right time to buy some stocks I have been watching.
As for U308 - I known theres some people who are against it but realistically as an energy hungry society it is a form of energy that can provide large populations with the energy it demands. Even after Fukishima the Japanese are not going to slow down their dependance on U308 - afterall they have nothing else, and with China setting up a whole new grid of nuclear reactors I don't think the world is ready to give up on the dirty yellow cake. The spot for Uranium just jumped back up to $54/lb after being around $48 around the start of Sept, and I am hoping that it will jump back up to at least $70/lb by the end of next year (conservative outlook) - reports I have read are saying that there is not enough mined U308 to go around and before the fukishima disaster the spot for Uranium was comfortably sitting at $70/lb - and even before that it was at $140/lb pre GFC 1
U308 stocks I been watching are PDN, DYL, PEN and ACB
PDN was at $5 pre fukishima and now at $1.40
DYL was at a 32 cent high pre-fukishima and now 14 cents
PEN was at a 15 cent high pre-fukishima and now 4 cents
ACB was at 60 cents pre-fukishima and now 24 cents
these are prices that are very hard to pass by