☢️ Following up on the uranium sector post. For now, I’ve singled out the URA ETF (uranium miners + reactor & component manufacturers). It’s currently in a 36% correction 📉 – not interesting yet, I’m waiting for a 50–65% dip.

🔹 There’s also the URNM ETF (pure-play mining and physical uranium). It’s down 40%, still not attractive enough. Needs to drop further, especially since it’s purely a bet on physical uranium itself, so who knows how it’ll perform isolated from the broader industry.

🔹 The Company – Cameco. It holds the largest allocation in both URA and URNM portfolios (up to 20–24%). This is the fundamental backbone of the entire Western uranium industry... Currently in a 30% correction. Still waiting.

🔹 Microreactors
The whole microreactor narrative requires a deeper dive and honestly feels like hype right now. Even though companies like OKLO (microreactors) have dumped hard, they have zero earnings – it’s a pure speculative bet on placing reactors near data centers 🖥️

So for now, we wait for a better entry point, plus we’ll need to check the overall market macro context later on.

What do you guys think about the microreactor play? Sounds promising or nah? 🕑