Shares of uranium stocks are up sharply today, as investors continue to pile into the names.
Lately, uranium companies, such as Uranium Resources, Inc. URRE, Cameco Corporation USA CCJ and Uranerz Energy Corp. URZ have seen increased attention from investors, as noted by heavy volume in these names.
Heavier than average volume in specific sectors means that institutional investors are taking a liking to the sector, and stocks, specifically small cap stocks, can run for an extended period of time before petering out.
Disclosure: no position in any names mentioned.
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