True Cafa....it is a punt and a very risky one indeed. Particulary when my whole portfolio is Lynas. I normally am a short term trader and have done well but am stuck in Lynas up to my neck.
I have never used stop losses as they are the first target of the pro's and if the SP of one of my stocks went down then I would wait it out until it got back or close to and then out.
However with Lynas I unfortunately fell in love and have paid the price by not trading it, but its not over yet. The fundamentals are sound, the plant is actually up and running and producing and it has an enviable poition in the world of REE's.
As a company it has been to Hades and back and what we are going through is not new just another hurdle which I am sure we will survive.
But I will never do this again if I ever get the chance.
Talk to a financial adviser??? All they want me to do is invest in the bank that pays them the highest commission!
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Last
$7.90 |
Change
0.050(0.64%) |
Mkt cap ! $7.309B |
Open | High | Low | Value | Volume |
$7.99 | $7.99 | $7.76 | $28.26M | 3.589M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14205 | $7.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.91 | 44842 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14205 | 7.830 |
1 | 2247 | 7.800 |
3 | 52779 | 7.790 |
1 | 4731 | 7.780 |
1 | 2209 | 7.770 |
Price($) | Vol. | No. |
---|---|---|
7.910 | 44842 | 2 |
7.920 | 2209 | 1 |
7.940 | 15522 | 3 |
7.950 | 4073 | 4 |
7.960 | 10734 | 2 |
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