DNN Elliot Wave analysis
Fundamentally not a very good company. Not profitable currently. DNN is getting caught up in the uranium bullmarket explaining the increase. DNN has some big projects starting up and with increase of uranium demand the company has a very good shot at getting profitable in the medium term. (Note: stockdillution will probably not happen because DNN has internal sources of cash flow from the management of the Uranium Participation Corp. and Denison's Closed Mines Services.)
PT shortterm $3.30 (based on elliotwave)
PT longterm ?? can DNN become profitable? How agressive will uranium bullmarket be?
~slippe
PT shortterm $3.30 (based on elliotwave)
PT longterm ?? can DNN become profitable? How agressive will uranium bullmarket be?
~slippe
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