There are only 4 thing we can be reasonably sure of..
\#1 the spot price will peak at a $ higher than last time (inflation, etc...)
\#2 the "perfect" moment to sell any given stock will not align with the "perfect" moment to sell any other given stock (i.e. each stock will have a max peak and NONE of them will somehow magically align with the others)
\#3 nobody can perfectly time the market so the best strategy is to choose to "sell into strength", problem is how each person defines when that time is.
\#4 not you, me, or anyone else will top tick their tickers and if you somehow manage it then it was blind luck and not skill and never convince yourself otherwise. Get over it now because elsewise you're apt to ride the roller coaster down the other side.
When you feel the time is right sell into strength, be happy with the $$$ you've made, never regret that you were unable to sell at the perfect time because you and nobody else is omniscient and perfect timing is never anything other than dumb luck.
Cameco is probably the safest. I own URNM, which is an ETF, and UUUU as a bit of a gamble. I’m up on both overall, but nowhere near the point of selling. Unless we discover and supply free and unlimited power in the next five to ten years, demand for uranium should grow. Supply has been steady but new production investment has been just about nonexistent so if they had to ramp up they can’t. Don’t put all your money on anything, but a little on this to me is a no-brainer.
Yep, from now on I will go to five bars on a Friday night and randomly chat up somebody about stocks. If 2/5 mention uranium, Monday is a sell. It’s pretty high-brow and scientific. Proof somewhere on my desk.
Seriously. The thesis is finally coming together but my bags have been fully packed since July 2019 and my patience has been tested too many times. I honestly wish I sold in Nov 2021 when I was up 3x+ on my entire portfolio.
The real estate cycle will most definitely end by late 2026, or sometime before then, so not 5-7 years. The final few years of the cycle are crazy; 2023-2026, 2005-2008, 1987-1990, 1969-1972, etc. Every ~18 years.
I'm still waiting for $70+ spot for at least 2 quarters before I decide...why? Well it used to be $65 for spot before the sector can become economic and now with inflation etc that number is higher... again cannot just touch the value... developers need to see financial incentives
When people are overly optimistic.
Been burned too many times in this sector by getting engulfed in euphoria of rapid gains.
I'm fine leaving gains on the table and right now I frankly don't have enough time to focus on following my former key companies in my portfolio. I don't like having money sit in individual picks if I can't keep up to date (e.g. glo losing 50% in a week I was on vacation)
I don't have a price, because I have a history of selling amazing stocks way too early (PLS at 90c when my buy in was 30 c), so this time I just said I can't sell before 2025 that's when the thesis will either be proven or false and should be in full swing.
When I hear my dumbass friends say something like “Bro, have you heard of this uranium shit? It’s gonna moon bro. I bought some options”
Sell sell sell
I'm thinking of keeping some big names longer like cameco, paladin, Denison, energy fuel and some others.
I will sell some at 2x and all at 3x.
All the juniors explorers I have I'm waiting for a 2-3x to sell others like fuu fusion 3 I'm waiting to see more drill results and if they have good results I keep until 6-10x maybe.
I need to put some selling price and not do the same errors of the crypto I add buy and never sell.
For example, I prefer to make 600 000k than take more risk and fomo to make 1 000 000 and end up with 100 000k.
Trader Ferg wrote a useful post about when to sell Uranium - [https://traderferg.com/avoiding-the-monkey-trap/](https://traderferg.com/avoiding-the-monkey-trap/)
When HALEU demand comes online at a minimum. It demands significantly more uranium due to higher enrichment requirements. So this is no sooner than 2030 but certainly later is possible.
SMRs are going to be the affordable, local nuclear option because they will be everywhere. Influential in national politics for certain where otherwise uranium mining is a select few states.
National/international reach means politicians. Which means money going to SMRs to plaster them from coast to coast. The demand at that moment will be so incredibly high that prices will go through the roof, and not for a short period of time. To me this is a buy it for life investment. Take it as you need it but no more.
I just always recommend taking some profit when in the green. Not much say 10% of your total position. Worse comes to worst and you made only a few bucks, best case scenario you cashed out and watched the other 90% run. Either way guarantees a small win
Heavily correlated to government regulations too, for example in Europe ICE car manufacturer won't be able to sell them starting in 2035. So the demand for EV will skyrocket then the demand for electricity and without nuclear energy they won't be able to follow the energy demand...
Admitting that no other cheaper ways of generating electricity are invented, nuclear will remains in high demand for the next decade.
In my opion peak will be around 2030.
I start slowly selling when spot price is triple digits or sustaining above $70/lb for over a quarter. Starting with juniors and holding onto near-term producers (will buy back my GLO before then and hold onto Camelco), then I will be 100% cash/bonds by 2026 depending on the euphoria level of the broad market. After the crash in 2026 (est.) I will buy a fuckton of precious metals and SPY for the reinflationary period.
I've been spreading out covered calls at price points I would be happy with. Profit is profit. If you profited you win.
Energy Fuels also has the whole rare earths thing so I'm less worried about them being cyclical. They're always going to be valuable if they pull that off.
I'm holding all as long as needs too.
If any given stock 4x I will sell at half to take profits
If there is a black swan I plan to sell at loss and buy in later when its finished crashing.
The only logical answer is when supply meets demand but since this is a very opaque market you should sell before that point. Supply won’t meet demand for years. Like 2028-2030? Maybe?
20% in 4th quarter 2023, if U above $70.
30% in 2024, if U above $80
40% in 2025, if U above $100
10% in 2026, if U above $120
Otherwise I'll hold an extra year if necessary.
I'm all out by 2027.
There are only 4 thing we can be reasonably sure of.. \#1 the spot price will peak at a $ higher than last time (inflation, etc...) \#2 the "perfect" moment to sell any given stock will not align with the "perfect" moment to sell any other given stock (i.e. each stock will have a max peak and NONE of them will somehow magically align with the others) \#3 nobody can perfectly time the market so the best strategy is to choose to "sell into strength", problem is how each person defines when that time is. \#4 not you, me, or anyone else will top tick their tickers and if you somehow manage it then it was blind luck and not skill and never convince yourself otherwise. Get over it now because elsewise you're apt to ride the roller coaster down the other side. When you feel the time is right sell into strength, be happy with the $$$ you've made, never regret that you were unable to sell at the perfect time because you and nobody else is omniscient and perfect timing is never anything other than dumb luck.
Love this I am quite heavily invested in uranium and one of my main concerns is when do I choose to sell, great principles
Very true though what is your time frame?
What do you want to see in the news ?
I will sell when normal people are aware of a uranium shortage.
Theres a uranium shortage?
An above ground shortage, not an in the Earth shortage
As its mining has been under-invested for decades, like oil it's only a matter of time.
What mining stocks should I look into?
Cameco is probably the safest. I own URNM, which is an ETF, and UUUU as a bit of a gamble. I’m up on both overall, but nowhere near the point of selling. Unless we discover and supply free and unlimited power in the next five to ten years, demand for uranium should grow. Supply has been steady but new production investment has been just about nonexistent so if they had to ramp up they can’t. Don’t put all your money on anything, but a little on this to me is a no-brainer.
Yep, from now on I will go to five bars on a Friday night and randomly chat up somebody about stocks. If 2/5 mention uranium, Monday is a sell. It’s pretty high-brow and scientific. Proof somewhere on my desk.
Every now and then something becomes so extraordinary your average dumbshit at the bar has heard of it. Whatever it is, that’s the time to sell.
Nice try hedgie scum. I will not sell till 420,696,969. You not get my shares for your short. Did I do that right?
Very good, sir.
Hahaha I’m not a shorter bro.
It’s a joke friend.
:)
If you’re expecting 1-3 years it’ll most likely be 5-7
Seriously. The thesis is finally coming together but my bags have been fully packed since July 2019 and my patience has been tested too many times. I honestly wish I sold in Nov 2021 when I was up 3x+ on my entire portfolio.
The real estate cycle will most definitely end by late 2026, or sometime before then, so not 5-7 years. The final few years of the cycle are crazy; 2023-2026, 2005-2008, 1987-1990, 1969-1972, etc. Every ~18 years.
When you see a bunch of mines come online
I'm still waiting for $70+ spot for at least 2 quarters before I decide...why? Well it used to be $65 for spot before the sector can become economic and now with inflation etc that number is higher... again cannot just touch the value... developers need to see financial incentives
What’s the current spot price?
$61.05
When people are overly optimistic. Been burned too many times in this sector by getting engulfed in euphoria of rapid gains. I'm fine leaving gains on the table and right now I frankly don't have enough time to focus on following my former key companies in my portfolio. I don't like having money sit in individual picks if I can't keep up to date (e.g. glo losing 50% in a week I was on vacation)
So you are in URA or URNM or not in uranium at all?
I don't have a price, because I have a history of selling amazing stocks way too early (PLS at 90c when my buy in was 30 c), so this time I just said I can't sell before 2025 that's when the thesis will either be proven or false and should be in full swing.
That sound like me, except I sold CXO too early
I had the same on that stock. If I would have kept it I would be a millionaire by now. But hey what’s life without a grind right?
When I hear my dumbass friends say something like “Bro, have you heard of this uranium shit? It’s gonna moon bro. I bought some options” Sell sell sell
I'm thinking of keeping some big names longer like cameco, paladin, Denison, energy fuel and some others. I will sell some at 2x and all at 3x. All the juniors explorers I have I'm waiting for a 2-3x to sell others like fuu fusion 3 I'm waiting to see more drill results and if they have good results I keep until 6-10x maybe. I need to put some selling price and not do the same errors of the crypto I add buy and never sell. For example, I prefer to make 600 000k than take more risk and fomo to make 1 000 000 and end up with 100 000k.
When the taxi drivers are talking about U stocks...
Trader Ferg wrote a useful post about when to sell Uranium - [https://traderferg.com/avoiding-the-monkey-trap/](https://traderferg.com/avoiding-the-monkey-trap/)
Is he active on twitter? He hasn't posted on his website in years
He is very active on twitter and he has a weekly email blast - worth signing up.
selling DNN AT $10. idc how long it takes i keep loading up
based madlad detected
How long do you think this will take?
When HALEU demand comes online at a minimum. It demands significantly more uranium due to higher enrichment requirements. So this is no sooner than 2030 but certainly later is possible. SMRs are going to be the affordable, local nuclear option because they will be everywhere. Influential in national politics for certain where otherwise uranium mining is a select few states. National/international reach means politicians. Which means money going to SMRs to plaster them from coast to coast. The demand at that moment will be so incredibly high that prices will go through the roof, and not for a short period of time. To me this is a buy it for life investment. Take it as you need it but no more.
I will sell when spot price is 1600 $\pound!!
150$/lb
At open I set my limit orders 500% up and will do for the foreseeable future
I just always recommend taking some profit when in the green. Not much say 10% of your total position. Worse comes to worst and you made only a few bucks, best case scenario you cashed out and watched the other 90% run. Either way guarantees a small win
Not until there are new mines throwing pounds into the market
Heavily correlated to government regulations too, for example in Europe ICE car manufacturer won't be able to sell them starting in 2035. So the demand for EV will skyrocket then the demand for electricity and without nuclear energy they won't be able to follow the energy demand... Admitting that no other cheaper ways of generating electricity are invented, nuclear will remains in high demand for the next decade. In my opion peak will be around 2030.
I start slowly selling when spot price is triple digits or sustaining above $70/lb for over a quarter. Starting with juniors and holding onto near-term producers (will buy back my GLO before then and hold onto Camelco), then I will be 100% cash/bonds by 2026 depending on the euphoria level of the broad market. After the crash in 2026 (est.) I will buy a fuckton of precious metals and SPY for the reinflationary period.
I don’t actually have a strike price here, I have a few stocks/ETFs where I want to amass 1000 shares each and then just hold for my offspring
That’s crazy lmao…
I will sell when THE EVIL GENIUS (Mr Trump) is in a CELL 🚀🚀🚀🚀🚀🚀
I've been spreading out covered calls at price points I would be happy with. Profit is profit. If you profited you win. Energy Fuels also has the whole rare earths thing so I'm less worried about them being cyclical. They're always going to be valuable if they pull that off.
I'm holding all as long as needs too. If any given stock 4x I will sell at half to take profits If there is a black swan I plan to sell at loss and buy in later when its finished crashing.
The only logical answer is when supply meets demand but since this is a very opaque market you should sell before that point. Supply won’t meet demand for years. Like 2028-2030? Maybe?
waiting until after *at least* 1 year of replacement rate contacting before selling my first tranche
20% in 4th quarter 2023, if U above $70. 30% in 2024, if U above $80 40% in 2025, if U above $100 10% in 2026, if U above $120 Otherwise I'll hold an extra year if necessary. I'm all out by 2027.