- Jul 29, 2014
- 22,160
- 23,385
I think the nuc thing is coming whether people want it or not. They have already built some of the SMR or at least that is my understanding....if they have already secured funding I see their stock price doubling it's previous(pre covid) price(over 5 years or so) due to the fact that was all based on the jet turbine engine maintenance/sales....The other thing is the Reddit crowd is now aware of this....but I've been wrong a time or 2 myself. At 1.89 I bought 1000 shares today and will monitor/add accordingly.....Like I said I'm looking out several years on the timeline here.Not my cup of tea, but I agree their jet overhaul business looks interesting.
Also saw this a couple days ago:
Rolls-Royce secures funding for new generation of mini nuclear reactors.
It's a pretty volatile stock that had a nice run-up from July to September.
Since then, it's traded sideways. If I were thinking of buying it, I'd probably wait until it established a bit more positive momentum.
FYI, I know nothing!