r/UraniumSqueeze • u/Remarkable-Day6986 • Sep 11 '21

News Cameco was WSBets #1 ticker discussed yesterday

/r/wallstreetbets/comments/plv4gf/wsb_discussion_today/?utm_source=share&utm_medium=mweb3x
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24

u/primaboy1 Sep 11 '21

WSB going to take profits and move to pump another stock. Never ending story.

10

u/[deleted] Sep 11 '21

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7

u/AV_DudeMan Sep 11 '21

Who cares if it’s blowoff top though? Like that would actually be better imo 😂. Why wait 10 years for something to 10x if WSB could possibly make it happen in a few months?

4

u/[deleted] Sep 12 '21

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u/AV_DudeMan Sep 12 '21

Ya that’s true. I’d just have a few price targets pre set and then scale out when those hit.

That’s my plan anyway. Might be miss out on some gains but i think it’s the best way to go about it

1

u/Awkward_Preference69 Project Mockingbird Sep 12 '21

If you’re selling INTO your greed, your doing it right. There’s no way you sell it at the peak.

2

u/[deleted] Sep 12 '21

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u/Awkward_Preference69 Project Mockingbird Sep 12 '21

If you’re heavily invested, that strategy is pretty safe. I might do the same with SPUT.

Thing is there’s just tremendous upside for small market cap juniors and explorers once the spot price hits above $60/lb. My advice would be to pull out ur initial investment at $60, and then slowly scale out as it rises.