A new nuclear power plant has just been approved for the first time since 1978. After the conclusion of the Nuclear Regulatory Commission’s (NRC) hearing on Southern Nuclear Operating Company’s (SNC) application for two Combined Licenses (COL) at the Vogtle site in Georgia, the NRC ruled that the staff’s
Bulls on nuclear power stocks and uranium stocks such as Cameco (CCJ),Uranium ETF (URA) , SHAW (SHAW), GE (GE), Nuclear Energy ETF (PKN), Nuclear Energy FUND(NUCL), and Exelon(EXC), have been taking heart from China’s statement after the nuclear accident in Japan that there would not be any change in the torrid development of the
Using our methodology, all of our short positions with the exception of VMW, AMLN and RHBBY should have been covered by now. If not fully scaled out yet, we suggest aggressively covering AFFX, WFR, KEY, GE, ANAD, SNDK, AVID , IBN and MOT. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF
We have been watching GE to short due to its massive exposure to the financial sector, but did not push the trigger due to its long cycle businesses being in great shape. This earning announcement will cause the markets to question GE’ conglomerate structure over the next few months ,