IMHO,
I'll reply in more detail to you.
1st dont put words into my mouth or attempt to second guess what i do or dont do, because on every one of your assumptions so far you are so wrong.
Have the decency not to assume what people do or dont do just to serve your own agenda.
You said,
If you have read my post ,then fair to assume that anyone that bought in at $1.60 had the opportunity to read my post too.
My reply: If i would have read your post at $1.60 i can believe that soomeone would want to hold a stock from $1.60 and watch it go down to 65 cents. Great strategy.
You said, If memory serve me right, Morgan Stanley paid over $2 for a big chunk of shares in capital raising.
So Let s all bow our heads and pray for the "b boys "
My reply, who cares what the big boys do. Dont try and justify their bad decisions by holding to that level yourself.
I m trying to point out that it is the market value (SP) that dropped.And ONLY small retailers are making a fuss.
In turn ,the BIG BOYS USE you up to spread the fear while they drop the price.
** if that is really what you think. Looking at the weekly chart this was a sell back in march 2011 and has never been in buy territory ever since. That is 18 months of wasted INVESTMENT time.
Lot of traders also made $$$ in the past .And all were praising NC etc etc.The tune changed.
So ,Stock market ,up one day down the next.
*** its got nothing to do with market up one day and down the next, this has been in a massive down trend for 18 months so the technicals at this stage are still saying stay away.
TRADE at your risk ,YOU Only got yourself to blame .
****its got nothing to do with trading at your own risk, i shall repeat that this has been in a huge downtrend since early 2011. That is not trading, that is poor investing if you have held since then. You could have sold and been waiting to buy back in.
It cost nothing to hold.But if you lost confidence LYC give it a miss and move on.Don t come here to drop the price to buy in again.
*** your assumptions again, the price has been SMASHED and nothing that i have said has done any of that. You are the one that has been holding.
YOU SAID, One can argue "IF" this or "IF" that.Loss as in Interest that COULD HAVE been earned on this money IF THIS or IF that.
what sort of argument is that? Are we all adults here?
AS IF, one expect to make only gains when buying shares.
**please dont make pathetic inferences and try to inult me, please stick with the discussion, if you want to make a comment then please support it, if you cant handle your opinion being challenged well then dont post your opinion.
YOU SAID, I also said that if you lost total confidence in LYC, then move on .and try your luck on 2 up ,pokeys ,horses whatever you think is a certainty to make you $$$$$$$$.
***** Once again you just assume, a pretty ignorant way of having a discussion. You have got no idea what my investment plan is or what i do. so please dont patronize me.
Let Smart punters make their mind, but don t mislead others by scare mongering.
*** LYC is in a massive downtrend on the daily weekly and monthly chart, your ill informed comment of misleading and scare mongering is just so ignorant.
From a technical point of view, at this stage it doesnt look like heading in the right direction. Support level is around 50cents
Small traders are playing with BIG BOYS TRADERS professionals that don t play on even playing field.
Who is losing, the investors or sm traders?
*** are you serious, have a look at some of the volumes on the some of the candles where this has been dumped over the last 18 months and you can see the level of investor that has been leaving.
I really dont care about falling in love with a stock and i am so glad this is one i didnt fall in love with.
maybe i'll give it a little love when/if it turns.
Cheers
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Last
$6.80 |
Change
-0.100(1.45%) |
Mkt cap ! $6.356B |
Open | High | Low | Value | Volume |
$6.78 | $6.80 | $6.69 | $13.60M | 2.014M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 13933 | $6.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.80 | 1389 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 13933 | 6.780 |
2 | 5410 | 6.770 |
1 | 16608 | 6.760 |
7 | 27171 | 6.750 |
2 | 18386 | 6.740 |
Price($) | Vol. | No. |
---|---|---|
6.800 | 1389 | 3 |
6.810 | 10108 | 2 |
6.820 | 11491 | 3 |
6.830 | 9108 | 1 |
6.840 | 9108 | 1 |
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