Author sold half of a long-held Cameco position, citing lofty valuation and expected poor Q4 production from record Saskatchewan temperatures, hoping to rebuy lower.
CCJ — AVOID The author sold half his long-held Cameco position because he views the valuation as lofty after a great run. He expects Q4 production numbers to be poor due to record-setting temperatures in northern Saskatchewan, which he sees as a near-term negative catalyst. He intends to rebuy on a pullback to a more reasonable price, acknowledging the stock is currently a darling.
The valuation is so lofty at this point, and I think production numbers in Q4 will be poor due to record-setting temperatures in northern Saskatchewan.
This Reddit post, published February 12, 2026, features u/Alert-Ad5477 discussing CCJ. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Alert-Ad5477 · Tickers: CCJ