LYC 0.29% $6.92 lynas rare earths limited

desperation, page-11

  1. .y.
    3,566 Posts.
    Its a good story. Past big daily gains.
    People don't seem to gauge it by the flash crashes.
    Also as you pointed out yourself it is at the top of the most discussed stocks so a lot would have a peek just to see why.
    Probably if they are new to the markets they might dip a toe, then average down.
    The new cheer squad already has done the averaging down after it dropped from its yearly low to the new yearly low.
    The new squad is different though as they all have access to "secret" information they cannot share so its getting worse i suppose.
    They don't understand it will and can go lower.
    Over 10% dilution is on the horizon - nothing to cheer about.
    Perhaps they don't read the past announcements to see how many times management has gone cap in hand looking for financing to get us up to the next request for further financing.
    These requests always come with the board "belief" that it will be the last time further funding is required. Hasn't happened yet.
    NC might be the master banker but all deals done to this point seem to have provided benefits for board level employees only.
    It is a bright future but management cannot seem to get us there.
    A problem always comes up.
    I definitely believe we will see a sub 10c SP before june 30.
 
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$6.92
Change
-0.020(0.29%)
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2 5820 $6.92
 

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