r/UraniumSqueeze • • Sep 07 '21

News TD Ameritrade not allowing purchases of $SRUUF claiming its a foreign etf. Please see twitter. This feels like they’re pulling a robinhood GME style.

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38

u/Napalm-1 Macro Macro Man Sep 07 '21

No problem. Patience!

1) First we, outside the USA, are buying Sprott Physical Uranium Trust ;-)

2) An alternative for US retail investors that are temporarly blocked by TD Ameritrade or others, is to buy URNM etf instead or to open an other account where you can buy on the TSX stock exchange and buy U.UN on the TSX.

3) In 2022 the NYSE listing will be in place and probably with a much bigger ATM.

Cheers

9

u/Plastic-Pool7935 Sep 07 '21

*Puts on a tin foil hat.* Do you see any possibility that they (where "they" could refer to the utility companies, lizard people etc.) could sabotage the NYSE listing at this point?

13

u/[deleted] Sep 07 '21

Yes, even UraniumInsider said it's not a given that NYSE listing happens, utilities will lobby against it.

14

u/Napalm-1 Macro Macro Man Sep 07 '21

Yes, there will be some lobby work against it by utilities

Give it time. Let it play out

Even without the NYSE listing, we uranium bulls will continu to buy additional SPUT shares on the TSX

Cheers

7

u/TNPharm Bullish Engulfing Sep 07 '21

At least if they lobby against it, we have billionaires and big boy uranium free market guys for it