Hertz

[Lbark]

Anyone see that Hertz is selling 20,000 of their electric vehicles. Wonder what that means

[aja57]

It means that they are going to give them away and take a massive write off.

[tlengoc]

Just another stoopid government policy to transfer wealth from the middle-class and the poor to the elites.

[Lbark]

what is bad is the amount of money gm and ford are plowing all in to EVs. Toyota was castigagted for going slow and doing hybrids. WSJ had article on a journey from ny to chicago and it took 3 more hours to go by EV bc of delays in fueling and finding charging stations. build it and they won't come seems to be the message now. what a shame oil cannot get a bid. with turmoil in red sea would think it would fly

[tlengoc]

Higher prices are sure to come. We need to just be patient.

[Lbark]

uranium is going crazy but it is a real supply/demand story with no disputes such as oil where some say we have too much supply which may not be accurate but is believed by traders

[ChuckGeb]

Look for a lot of doubles in uranium space this year. Mid term fundamentals favor the producers/mining companies that either are producing or have real projects coming online in next few years. Demand is inelastic so their will be no ceiling on the price of uranium. When the hedge funds wake up and go all in the market will go up steeply and to the right. Strap in.

[Lbark]

Agreed. what people don't know is that even if uranium doubled it is about 10% or so of overall costs of nuclear plant so not a big impact. Eventually funds will migrate from the ccj and nxe and other big companies and go to smaller ones producing in the future. buckle up.