Herein lies a rare long term, speculative recommendation.

It's a woeful fact that less than a fifth of the world's energy comes from nuclear power. That leaves a lot of room for growth. And ideally, as few politicians as possible get in the way of getting reactors on line.

Enter uranium exploration. The estimated amount of energy available out there from uranium ore far outweighs what's estimated in crude oil deposits. Demand for energy will continue to rise, whether it's to power the super computer, entertainment system, or cool and heat your home. I think the best answer to that demand is nuclear power, ergo, uranium.

Mega Uranium Ltd. (TSX: MGA ) is a stock that I fundamentally think has been “unfairly” punished in the downturn from the last year. My speculative reasonings as to why? Margin calls. Most uranium stocks were outperforming the market a year ago hand over fist, but to cover money lost from more risky exposure, companies like Mega got hit. I think it will follow the broader market more or less for a while to come, and then when demand for the metal goes back up, so will this stock. Politics will play a part, but I'll talk about that later.

Recommendation: Long term speculative BUY anywhere below 2 dollars. STOP LOSS SELL at 1.50.

Full Disclosure: I do not own MGA.TO, but family members do.

Remember, as always, when opportunity knocks, it'd be rude not to answer...

Disclaimer:Any information contained in the above article represents my opinions only, and should not be construed as personalized investment advice. I cannot assess, verify or guarantee the suitability of any particular investment to any particular situation and the reader of the article bears complete responsibility for its own investment research and should seek the advice of a qualified investment professional that provides individualized advice prior to making any investment decisions. All opinions expressed and information and data provided therein are subject to change without notice.