Tischendorf Letter Issue 131 - January 31, 2012
Greetings!
I just bought: DNN - Denison Mines @ around 1.78 - Stop Loss @ 1.58 and UEX.TO - UEX Corp. @ around 0.92 - Stop Loss @ 0.75.
These are initial positions that's why I am using wide stop losses. I am somewhat being aggressive as I am anticipating a break out to the upside of what I deem to be bullish flags in the making. If the Uranium stocks break out to the upside after some more consolidation I will add to my positions. I recently did an 18 min audio post with my thoughts on Uranium, outlined my trading plan and explained why I am bullish on Uranium.