What will help build confidence is some reasons. Telling people you are buying with absolutely no back ground is totally hollow. Try the following.
I think the resent stock drop is because
A
B
I think the following will reverse.
A
B.
I think the following will become big pluses for Lynas
A
B
Personally I am in a hold situation and here is the reason.
The stock went down because:
NdPr prices stumbled badly after a dramatic run up. Meaning supply and demand are balanced short term, maybe supply is a little bigger.
I classify Lynas as a Growth stock. Trade wars have people very nervous and there appears to be a shift from Growth to Value stocks which always happens when things get tough.
I am holding because I have no idea when either of these will turn around. Major trade wars will lead to a recession or worse. Decreasing demand and continuing the shift away from growth stocks.
BUT Long term I am bullish because
NEXT will provide a positive to revenue.
Long term NdPr demand will increase.
If I sold Lynas now I would take a loss on two of my 3 purchases and a loss overall. I am watching the trade situations closely. If it keeps getting worse I will sell for a loss. I started last September moving from Growth to Value and have taken my portfolio Value position up to 80% from 40%. We are in the biggest bull market ever both in duration about 9 years and percent about 380%. The only one that comes close is after the 38 depression which was also started by trade wars. That growth cycle was extended by a war and US becoming the low cost supplier to a rebuilding world after the war.
Note the DJIA was at 592 in July of 1988 it is 24456 today a rise of 43x in 40 years a double every 8 to 9 years. The last 9 years has been almost twice that.
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Last
$6.34 |
Change
0.040(0.63%) |
Mkt cap ! $5.926B |
Open | High | Low | Value | Volume |
$6.33 | $6.42 | $6.31 | $6.416M | 1.009M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 8527 | $6.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.35 | 26138 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 8527 | 6.330 |
1 | 1500 | 6.320 |
5 | 35615 | 6.310 |
2 | 16510 | 6.300 |
3 | 28495 | 6.290 |
Price($) | Vol. | No. |
---|---|---|
6.350 | 26138 | 2 |
6.360 | 17131 | 5 |
6.370 | 12341 | 1 |
6.380 | 12341 | 1 |
6.390 | 30364 | 7 |
Last trade - 16.10pm 20/08/2024 (20 minute delay) ? |
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