Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Uranium Energy
So what: Miner Cameco
Now what: Today's move wasn't really a reflection of Uranium Energy's individual position but rather followed a move by the entire sector. The momentum is in the favor of uranium miners, and this Fool isn't going to stand in the way. I would like to see a better price, but gains seem to come day after day, so I feel very Foolish missing out on a trader's dream.
Interested in more info on Uranium Energy? Add it to your watchlist by clicking here.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings, or follow his Motley Fool CAPS picks at TMFFlushDraw.
Try any of our Foolish newsletter services free for 30 days. True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Fool has a disclosure policy.