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Posted

UEC was up to 12.10 this morning  - so I took the 45% profit rather than be greedy.   Uranium plays look volatile, so the coward’s way out it is….

if I had another 10 or 15 years of employment, that would be different. But I might retire next year - so not losing what I have is my prime investment motivator. 

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Posted
2 hours ago, bluto said:

Meanwhile onds just diluted the shit out of themselves. 40M shares at $5 offering, looks like total shares were 270M count. 

The vast majority of these drone and VTOL companies are years away from significant revenue, but they need cash. Whenever their prices spike upwards massively for no real reason, they will dilute to raise money that they will need in the future. Check out the last 6 months (for example they sold another 40M shares in Aug).

From their last annual report dated March 11, 25

Quote

The number of shares outstanding of the issuer’s common stock as of March 11, 2025 was 105,730,826

From their filing this morning

Quote

Our authorized capital stock consists of (i) 400,000,000 shares of common stock, par value $0.0001 per share, and (ii) 10,000,000 shares of preferred stock, par value $0.0001 per share, of which 5,000,000 shares are designated as Series A Preferred and 5,000,000 shares are non-designated (“blank check”) shares. As of September 5, 2025, we had 280,019,764 shares of common stock outstanding and no shares of preferred stock outstanding.

And they are authorized to sell 120M more shares, and they will. Its been publicly traded for 10 years with negligible revenue, its how they survive. 

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