I'd been holding off until I saw the stock hit $4 today. Its entirely possible that this stock could drop another 50c or even a dollar, but right now its market cap. is about $600M and its liquid assets are $2.4B with $1.8B liabilities, or a 600M difference. Its net tangible assets are $1.3B on paper. Sure, its taking on a LOT of debt with its centerfuge project, but its far from being broke as is, and even if it WAS in financial trouble, its the only uranium enrichment company in the US and its stability is a matter of national security. Buy it up now at bargain basement prices. Anticipating a jump toat least $6 within 3 months, possibly $8 within the next year. I'd be willing to bet this bad boy hits $20 after its new plant gets into full swing 2-3 years from now.
$3.83 (03/17/08)
