CAMECO'S EARNINGS ARE INTERESTING AS USUAL

Looking at Cameco's earnings announcement, it can be taken a few ways. It looks as though they had a blow out quarter and year as some deferred earnings were taken in this quarter. It wasnt a small amount either as it looks as there we 2.6 million pounds. This amount pushed their earnings from $.08 to $.49. It enabled Cameco to have another record year and earnings. I have been following this stock for sometime and have never seen an earnings report this optimistic. As a general rule, this company is much more negative and seems to be somewhat secretive with respect to their business. Things have changed with their stock pushed down to a little under $16 dollars. No matter how you look at it, Cameco is trying to get their stock price pushed back up. When watching the options on this stock, right at the end of the day Friday, it either someone or a few people bought the February 09 $17.5 calls. Around 300 were purchased. It looks like someone or a few people are looking for this stock to have a big move. Looking at revenues they had $918 million, which was almost double what the Street was looking for. Looking over their statement, I would guess the stock goes much higher, so wait a few days for it to come down. If the stock moves lower, which I don't think will happen, you can buy some and sell it on its move upward in the next few days.