what to say, page-5

Don't remind me about 3 weeks ago!! I bought another parcel less than 3 weeks ago for 63, down 57.4% in 18 days. Fastest I've ever lost half my money.

The market is completely and totally irrational at the moment. Defies analysis, beggars belief. LYC doesn't pay dividends, but I've got a few companies that pay reliable dividends, have done for years, currently profit is holding up well (i.e. not more than 20% down on last year, many even HIGHER profit than last year), and those stocks are also down 50%.

Some are available now on 4 times the div yield! Amazing. Fancy a 25% return per year?

I still think LYC will come back, and it could come back quickly. REE are very much a strategic resource, not a commodity. Little bits are needed all over the place, and the number and variety of applications are growing all the time, as are the importance of those applications, eg. in environmental applications like lightbulbs, batteries, oil refineries, etc.

My game plan is to avoid being forced into a sale, and trust in common sense. That last part is extremely difficult, as I think the behaviour in the market proves that the "efficient market" theory is quite simply wrong, and common sense, as we all know, is rather uncommon.