SocialPicks Monitor new  |    Stock Idea Community
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
Free Stock Picks by Top Performers
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

15 pts

Opinion on  Uranium Resources Inc. (URRE)
Uranium Resources, Inc.

Jun 29, 2008 07:20 PM UTC
Foto
Return Risk
-25.96% HIGH
Principal

Analyst Recommendation  

Uranium Resources, Inc. engages in the acquisition, exploration, development, and mining of uranium properties. It holds interest in the Kingsville Dome property comprising approximately 2,354 gross and net acres in central Kleberg County, Texas; and the Rosita and Rosita South property consisting of 2075 gross and net acres, including 775 acres in Rosita and 1300 acres in Rosita South in north-central Duval County, Texas. The company also owns interest in the Vasquez property with 872 gross and net acres located in southwestern Duval County, South Texas; and the Mosser Exploration property with Hope Garden, which has 1500 gross and 825 net acres, Orange Grove that has 1547 gross and 851 net acres, and Ben Bolt comprising 2350 gross and net acres in Jim Wells county, Texas. In addition, Uranium Resources holds the Marshall Exploration property with 1953 gross and net acres in Duval and McMullen counties, Texas; the Church Rock properties with approximately 2,200 gross and net acres in McKinley County, New Mexico; the Crownpoint properties located in the San Juan Basin in Gallup, New Mexico; and the Nose Rock property with approximately 6,400 acres in about 12 miles northeast of Crownpoint, New Mexico. Further, it owns the West Largo property that consist of six contiguous sections of land in McKinley County, New Mexico; and the Roca Honda property with four sections of land totaling approximately 2,560 acres in McKinley County, New Mexico. The company was founded in 1977 and is based in Lewisville, Texas.


Update 09/04:

This morning 9/04/2008 we are continuing yesterday’s POD and staying with URRE.  It is already trading in the Pre-Market with over 250,000 shares traded and is up over 6% already.

TheSUBWAY’s Blog:
http://stock-promoter.thesubway.com/thesubway-clients/uranium...

The chart is continuing to look good to us and we will be adding to our position if URRE continues to be strong after the opening:

Uranium Resources, Inc. (NASDAQ: URRE) is TheSUBWAYs Pick of the Day  

Yesterday saw a Monster Volume day for URRE with over 7 Million shares changing hands and closing up over 46%:

Uranium Resources, Inc. (NASDAQ: URRE) is TheSUBWAYs Pick of the Day

Our Daily Chart continues to show strength and we anticipate a very strong opening for URRE:

Uranium Resources, Inc. (NASDAQ: URRE) is TheSUBWAYs Pick of the Day

We are seeing continued Institutional Buying with our PHILS X2 coming into URRE which should send the stock even higher:

Uranium Resources, Inc. (NASDAQ: URRE) is TheSUBWAYs Pick of the Day

URRE has taken out Resistance at $2.91 in our PHILS X1 with the next restistance level at $6.98 and the next support level at $4.27- This indicates A LOT of potential upside for URRE:

Uranium Resources, Inc. (NASDAQ: URRE) is TheSUBWAYs Pick of the Day

Our 15 Minute Chart is showing a big move with the Stochastics in excellent position for an entry into URRE:

Uranium Resources, Inc. (NASDAQ: URRE) is TheSUBWAYs Pick of the Day

Finally our Weekly chart is starting to to signal a possible upward trend.  We are putting our stop in just above yesterday’s close of $3.20 and will start to tighten this up if volume begins to dry up to lock in profits.  There is also a lot of speculation that URRE is a prime take over target, which you can read about on Bloomberg.com:

http://www.bloomberg.com/apps/news?pid=20601103&sid=ajeLe...

TheSubway.com acknowledges and thanks the principles of www.philsgang.com site for their permission in allowing us the use and demonstration of the their Phil’s X-1 and Phil’s X-2 charting software.

Full disclosure: Long at time of writing   -   Disclosure of Conflicts of Interest

All material herein was prepared by CRG Partners, Inc. (CRGP) based upon information believed to be reliable. The information contained herein is not guaranteed by CRGP to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRGP is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on  http://www.thesubway.com or mentioned herein. CRGP may have been compensated by third party shareholders with shares or with cash from the company on behalf of one or more of the companies mentioned in this opinion. CRGP’s Licensors, affiliates, officers, directors and employees may own shares and intend to buy and sell additional shares of the company mentioned herein and may profit in the event those shares rise in value.


Update 09/04:

URRE:  This call was made on 06/29/08 @ $3.67
Rating:   Positive   $3.67 (06/29/08)
Gain/Loss:   -78.47% in 192 days
Allocation:   0.0% of portfolio


Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 16.93 +37.62% 76
2 15.63 +15.87% 10
3 14.29 +16.71% 41
4 14.07 +22.85% 16
5 12.69 +28.47% 183


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
Uranium Resources Inc. (URRE)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
78.5%
Top:
0.0%




Latest Picks by Marian Filo
Symbol SP Sentiment Rating Return Since
RPID N/A Positive -14.29% 01/07/09
VCRT N/A Positive -6.67% 01/07/09
IDEV N/A Positive -0.19% 01/07/09
AERS N/A Positive +0.00% 01/07/09
BR Positive +5.79% 12/22/08

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch