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Contemplating Japanese Investment During These Devastating Times
Mar. 14, 2011 07:06AM PST
Energy InvestingSeeking Alpha(Editorial) reports on the recent Japanese natural disaster turmoil affecting commodities such as uranium.
Seeking Alpha(Editorial) reports on the recent Japanese natural disaster turmoil affecting commodities such as uranium.
The editorial is quoted as saying:
Uranium is a short under the current circumstances with the problems at the Fukushima and the Tokai nuclear power plants. This will fuel negative press in the coming months and likely push stocks lower providing a buying opportunity.
Stocks like Cameco (CCJ), Uranium One (SXRZF), and Areva (ARVCF) would be good shorting candidates as this evolving crisis will fuel negative press surrounding nuclear power and uranium.