ouch

[Lbark]

what a brutal day. Saw some news on demand/supply and Saudi Arabia. surprised today no comments from anyone. beat downs could be good point to add soon.

[aja57]

As they say in the Wall Street pits, BTFD..

[mitchl]

How low can sentiment get? Hard to objectively measure sentiment.

https://twitter.com/Josh_Young_1/status/1743398537260368365

According to this chart hedge funds are less long right now than the start of covid. Quite remarkable.

Maybe we need to see a few more big name oil bulls like Doomberg change their short term view to know we are at a bottom.

[Lbark]

hey maybe since no one is really responding on epg today that is a sentiment indicator. I know until mid last year my uranium stocks were awful and everyone hated them. it was certainly a good time to get in then. BTFD

[mitchl]

Yeah I definitely remember a lot of negativity in the uranium space in 2022 and 2023. Everyone thought the 2021 surge was going to be the big one and many that bought the top were very angry. Now everyone wants in after everything has doubled. I am glad I was able to accumulate at the cheaper prices. Maybe we are entering an accumulation phase in oil names now? All the people who were “t bill and chill” the last two years at what point are they getting in?

[Lbark]

Today;s WSJ article on uranium really ignited quite a rally.

[mitchl]

Lbark, looks like your $100 uranium wish came true.

https://numerco.com/NSet/aCNSet.html

Next wish?

[Lbark]

Faster than I thought. Glad I own sput. Sruuf