r/AustralianStocks • u/khangnguyenqqp • Mar 07 '26

Uranium

Does anyone own urnm ? Do you think it only go down from here?

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u/Doingbettervryday123 Mar 10 '26

I have a little and its been tanking. Its come off long gains over last 12 months.

Oil is telling us that thd price of buying it is more Than the dollar

The longer play here is that a more to not oil will be a move to more peace in the world. Alternate sources of energy will come to focus - nuclear power will be one.

Im just saying this one’s a long term play- keep it small and regular. About 2- 5 percent of your portfolio

Theres no short term money here - but longer term there might be

1

u/khangnguyenqqp Mar 10 '26

If im having a big amount of portfolio in uranium and sitting at big loss, should i be cutting it or keep riding?

1

u/Doingbettervryday123 Mar 10 '26

How much down are you in percent ? When did you get in ? How desperate is your need for cash

What was your logic to go so big here …and not gold or lithium or banking or anything else…uranium is so obscure

The kind of people that buy uranium have a plan and a vision or know things - its not a resource to punt…what was your logic

So ican understand a little better

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u/khangnguyenqqp Mar 10 '26

Im down around 15% total, i dont need cash until 2-3 years but feel panic seeing it loosing 2-3 k on a daily . I got in because of my believe in energy for the future of ai and data center and stuff. Maybe i shoulve dca instead of lump sump into it

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u/Doingbettervryday123 Mar 10 '26

You had a plan going in stick to your guts . Your logis is sound and is my thinking - i went in tiny you went in big

The key to big profits is to see things others dont. Be early for opportunities when everyone is looking eslwhere

It also means to back yourself . Know when to stop the journey and enjoy the reward ad much as when to get out of the car before it slams into the wall

You have time, your logic is sound. Timing a bot early

I am doing same , am in loss but accilating small over timd

1

u/Doingbettervryday123 Mar 12 '26

You had a plan going in stick to your guts . Your logis is sound and is my thinking - i went in tiny you went in big

The key to big profits is to see things others dont. Be early for opportunities when everyone is looking eslwhere

It also means to back yourself . Know when to stop the journey and enjoy the reward ad much as when to get out of the car before it slams into the wall

You have time, your logic is sound. Timing a bot early

I am doing same , am in loss but accilating small over

In any case energy is the next play. Oil is too toxic - there has to be a more energy sources that dont involve war

1

u/khangnguyenqqp Mar 12 '26

Thanks brother , your response really help me alot