Muted Losses As Positions Run Into The Close
At the close of the day, I find myself down a mere .45%, despite the CCJ blowup. The rest of my holdings more than compensated for the trouble.
I draw breath easily while relaxing in my chair. The sun is out and her rays are peaking in through the drapes.
And the winter solstice is coming soon.
3 Responses to Muted Losses As Positions Run Into The Close
Pretty good article on the state of affairs in the uranium miners
http://www.mineweb.com/mineweb/view/mineweb/en/page33/page72103?oid=161260&sn=Detail&pid=33
LMAO it’s being reported that CCJ’s profits were halved. But that’s only if you look at CCJ’s special accounting definition of earnings – which is built off a slice of their business that they think represents state of affairs in uranium miners.
Net earnings were actually up >100%
I wonder how many people dropped the stock without knowing the difference?
http://www.bnn.ca/News/2012/11/1/Blog-Can-Cameco-chief-explain-his-optimism.aspx

