Uranium Movers Moving - Energy Metals (EMU) Gets Cramer Push; Uranerz Energy (URZ) Offers Better Opportunity

Posted By Tate Dwinnell |  Subscribe in a reader

In my report on uranium miners on Feb 9th, I mentioned that Energy Metals (EMU) was technically the best play in the field.  Since then, the stock has skyrocketed about 35% in just the last 2 weeks.  To top it off, now Cramer is pushing the stock, indicating it's highly speculative but a potential buy out by Cameco (CCJ).  To his credit he recommended not paying above $12 for the stock - I agree.  Do not chase this up here!  I would have been tempted to short this at the open this morning (I did not)

22307_emu

How about another technical play mentioned in my previous report - Uranerz (URZ).  This is a stock that just broke out yesterday and is surging quickly.  As I write this, the stock is getting a bit extended.  I'm waiting for some kind of pull back.

22307_urz

Disclaimer: I do not own positions in either stock.

Trackback uri

http://selfinvestors.com/tradingstocks/stocks/uranium-movers-moving-energy-metals-emu-gets-cramer-push-uranerz-energy-urz-offers-better-opportunity/trackback/

Related Entries

Related Tags

, , , ,

Leave a comment




Close
E-mail It