On the back of the USEG trade yesterday, I’m bought some USU calls today. The Dec 10s. I noticed that the volume in these calls is a little skewed to the upside. USU reported earnings today that raised full year outlook. Uranium stocks in general may have found a home with the high oil prices.

USU Raised Full Year Guidance Today 11-2-07….Does this look like a chart of a company that raised guidance?

Tags: , , ,