There's an old saying in investing: Buy a winter coat in the summer.
Uranium stocks are certainly out of season and deeply discounted. Media coverage has shifted from the destruction of the earthquake to the negative aspects of nuclear energy. Nothing puts fear into the public more than green men in radiation outfits. The media has taken this opportunity to capitalize on the fear of the masses. This has resulted in devastating sell-offs in the uranium mining sector such as in uranium (Global X Uranium ETF (URA)) and nuclear energy ETFs (Market Vectors Uranium+Nuclear Energy ETF (NLR)).
One needs to separate the facts from the fiction as the one-sided coverage often signals that a shake-out may be occurring. Potassium Iodine tablets being hoarded in South America is a testament to the media inducing one of the greatest hysterias that I have seen in my lifetime. The fire sale in uranium
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Alicia Witt Radha Mitchell Melissa Rycroft Chloƫ Sevigny Janet Jackson
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