As demand for Potassium Iodide exploded by the Japan nuclear meltdown now Marketwatch says it's no longer a good investment. I guess those who sold some bottles on EBAY for over $500 can short it now? Was that a "PUMP AND DUMP"! Why not start an ETF for Potassium Iodide?
http://www.marketwatch.com/video/asset/why-you-dont-need-to-buy-potassium-iodide-2011-03-18/129B630C-C944-4774-BDAE-BEDB28B9199F?link=kiosk#!129B630C-C944-4774-BDAE-BEDB28B9199F
Does this mean buy the dip on Potassium Iodide so you can sell on the next disaster? I wouldn't be so quick to sell it because another large earthquake is lurking on "The Ring of Fire" and the nuke plants are concerned.....(see my posts on this blogspot)....developing....
Also notice that NUCLEAR ENERGY and URANIUM STOCKS took a hit last week and are starting back with lots of upside potential. Folks on Wall Street love a good disaster and as Rahm Emanuel said, "Never let a good crisis go to waste.":
http://www.marketwatch.com/story/five-nuclear-energy-stocks-to-buy-2011-03-15
And now the uranium stocks soar:
Here's a screen shot of some of Friday's URANIUM STOCKS I noticed:
(I don't think Cramer had any comments on this so it might be good.).
Listen here to a great interview with Rick Rule on King World News regarding Japan, precious metals, and uranium:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/3/19_Rick_Rule_files/Rick%20Rule%203%3A19%3A2011.mp3
