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$Uranium Energy (UEC.US)$ looks like the typical CNBC pump a...

$Uranium Energy(UEC.US)$ looks like the typical CNBC pump and dump have the CEO on the run the stock up and then pull the mat right out underneath it as soon as he's done
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  • Nix2000 : I wasn’t paying attention. WTF happened?

  • 10baggerbamm OP : the CEO was on TV so it's the typical ramp up that CNBC does prior to a CEO they talk about it all morning long and the energy consumption for AI is going to be enormous a lot of utility companies don't have the ability to provide the consumption so the only solution is nuclear and we have a company that is on the forefront blah blah blah so that was their pump and the stock traded up you can see the spike in the candlestick chart and then no follow through the rug pulling everybody sells on the rumor because the CEO has nothing to say basically more nuclear power plants in the United States need to be built in order to satisfy the demand of the projection for how much AI is going to consume in the future

35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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