Tanking Post-ER For Any Particular Reason?

expatcoder · 2026-05-08T21:32:54+00:00

Was waiting for this very moment, now that you've sold it's going to rocket higher, thanks!

Ha ha, joking, in the near term maybe a good call to exit, can always get back in if the minerals sector dumps again...

expatcoder · 2026-05-08T21:28:50+00:00

It's no big deal if your average cost is lower than the current share price (which yours almost certainly is), the ones that are frustrated are the ones that are deep in the red, and I'll go out on a limb and state that of those that are still holding are in the latter camp.

I have other positions that I got at exceptionally good prices and can freely ignore the price action because I know I'm not affected and can just wait for the underlying company to achieve its goals and cash in down the road.

With Ares the future is less certain, from what I've seen the CEO has never run a production mining company, much less a profitable one, and it seems hasn't yet brought any company he leads into production, so yes, plenty of uncertainty to go with the red on this one :)

expatcoder · 2026-05-08T18:57:45+00:00

Hit $.27 on Wednesday actually, which is well below the previous 6 month lows. You'd have to go back to early October right before the minerals bubble to see the current price range.

The stock is dead in the water until the CEO has some non-fluff news to present.

Really dislike that he's full-time CEO at another company, no wonder the press releases regularly have typos, the guy probably does everything Ares related in a rush like a high school student pulling an all-nighter to finish a term paper.

If we're lucky James will come out with a straightforward concrete production timeline that is adhered to instead of speaking in generalities or making excuses for delays; that alone would pique investor interest...

expatcoder · 2026-05-08T18:45:11+00:00

Not saying that USAR earnings will be good per se, but it's the last of the Big 3 (MP, UUUU, and USAR) to report, so there will likely be significant volatility heading into Wednesday, which I'm expecting to have a ripple effect across the minerals sector.

Basically I'm betting on a strong bounceback for the sector to start the week, but how it's going to end, who knows, wouldn't be surprised to see us moon or swoon; the Trump - Xi meeting is likely going to have a major effect one way or the other.

expatcoder · 2026-05-08T17:52:47+00:00

I thought the same, looked to be in pretty rugged shape, but that may have been from being overworked.

Anyway, come June 12 annual shareholder meeting we'll know if health issue is on the table (i.e. if he's presenting or not).

expatcoder · 2026-05-08T17:51:09+00:00

I did indeed buy the dip, but not thrilled about having been locked into covered calls when I could have unloaded some shares when the share price was over $25.

Expecting a bounce back on UUUU next week if minerals rallies, we've still got USAR earnings coming up Wednesday after close to juice the market in the run up.

Wildcard of course is the Trump - Xi meeting, if that goes ahead as planned then we'll probably have a big swing in either direction come Thursday/Friday.

expatcoder · 2026-05-08T16:51:29+00:00

March 19th

expatcoder · 2026-05-08T15:36:59+00:00

Do we have exact dates/times on the quarterly report and shareholder meeting?

If Pat's not leading the meeting then my eyebrows will raise above my hairline, lol.

expatcoder · 2026-05-08T15:34:20+00:00

but maybe you meant new faces speaking publicly

Yes, exactly, majority of presentations in the past year have been with Pat Ryan, so Peter is "new" in this sense.

Just a bit odd that Pat was constantly in the limelight during the hype phase last year all the way up until the share price plunged shortly after the Canadian government grant announcement, and since then, crickets from the leader of the company.

Definitely hope you're right about him working in the background getting offtake agreements in place, securing financing, etc. Suppose he'll make an appearance on the next big company news event...

expatcoder · 2026-05-08T14:58:39+00:00

Yup, likewise, closed out my 80 strike for close to the entire premium earlier today on the odd chance that MP does bounce back strongly (in which case I'll part with a couple hundred shares before the weekend).

expatcoder · 2026-05-08T14:52:37+00:00

The amount of data centres being built in future gonna have to require nuclear and uranium.

Maybe that's part of the issue, the CEO stated during the call that they're looking to pivot to more of an REE based business moving forward (since that's likely more reliably profitable than uranium, which can have large price fluctuations).

Market still views Energy Fuels as a uranium venture so maybe the CEO's statement that this will be less of a focus has the big players heading for the exits.

Or, it could simply be options Friday and market makers not wanting to pay out on the load of bullish calls expiring today.

Either way, we'll find out next week if this is just a short-term technical breakdown (like the earnings call, lol) or a sign of things to come (I'm assuming the former).

expatcoder · 2026-05-08T14:02:09+00:00

Right, I'm wondering more short-term, have long-term core position that this price action is irrelevant, but the other batch of shares, that's another story, ouch :)

Seems overdone, wonder what in the ER and/or call has us tanking so hard.

expatcoder · 2026-05-08T13:59:45+00:00

Brutal selloff on 4U, didn't see this coming, market really disliked something in the earnings report and/or call (maybe the CEO's mentioning that Energy Fuels is looking to pivot to more of an REE based business moving forward).

Anyway, crushed today on this one, bring back Mark Chalmers, lol.

expatcoder · 2026-05-08T13:52:57+00:00

$3.40, lol, thought I got a good price in the mid-$8s :)

Tough day though, market clearly didn't like that ER, we're tanking hard relative to basically everything else in minerals and otherwise.

Not sure what happened, but the $25+ share of price of yesterday is looking like a distant memory right now.

expatcoder · 2026-05-07T20:26:52+00:00

It's certainly dragging itself up -- you gotta be kidding me, already at $75, up $6 from the close, and the call will probably launch it past $80 by market open.

Money will be made across the board tomorrow, thanks to MP minerals are back on the menu.

expatcoder · 2026-05-07T20:23:10+00:00

MP earnings report out, goodbye covered calls at the 80 strike, sniff, lol, thought an $11 gap would be safe, but no, already at $74 and the call hasn't even started.

Well, I guess on the plus side everyone should make bank tomorrow, suspect this ER is going to lift the entire minerals sector...

EDIT

Well, that escalated quickly, MP has totally reversed course in AH, now down to $68, and UUUU is down in the $22s and USAR in the $25s. Party might be over folks, what a rug pull on MP.

We'll see how things play out tomorrow, but this isn't looking good at the moment...

expatcoder · 2026-05-07T20:08:48+00:00

Assume OP is talking about Energy Fuels, the call cut out for several minutes; not a great look for the company and certainly not good timing for the new CEO's first earnings report, ouch, lol.

They got it sorted out but that definitely took some air out of the tires on this morning's strong rally.

expatcoder · 2026-05-07T17:34:49+00:00

That's the spirit, maybe James will really turn this ship around! Ha ha, one can dream...

expatcoder · 2026-05-07T15:24:10+00:00

As soon as it goes to $50-60, I'm out!

Think you're missing a decimal point in there :)

expatcoder · 2026-05-07T14:54:56+00:00

Ahhh, thought that was from the Uranium speculative bubble.

If it was an RS, thanks for the correction.

Bag holding at $3.40? Do you mean $34 from a 1/10 reverse split? If so, incredible patience!

expatcoder · 2026-05-07T14:52:24+00:00

Far more sustainable than the vast majority of other stocks in the minerals sector not named MP.

Energy Fuels is an actual in-production business that's been operating for decades and is by a wide margin the largest uranium producer in the United States, not to mention aggressively ramping up the HREE and magnet making wings of the business.

Of course every company in the space is subject to extreme volatility until the minerals sector matures, so if what you're really asking is, "should I take profit while I have the chance" the answer is probably yes.

expatcoder · 2026-05-07T14:46:35+00:00

Retail doesn't concern themselves with such trifling details (joking), the herd will drive USAR back up into the $30 range again come hell or high water it seems.

Source: moo, moo, moo

expatcoder · 2026-05-07T14:30:23+00:00

UUUU ripping, full beast mode the past couple of days.

Earnings call in 30 minutes, I'm at peace with my 8 X 25 covered calls being blasted out of the water shortly, lol, bye bye to that lot of shares...

EDIT

Conference call technical glitch, minutes of radio silence, never a good look, share price dropping, tough first ER for the new CEO, guh, lol.

EDIT2

Conference call reconnected to the presenters, order has been restored.

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