risk/reward

To date LYC has been a speculative stock and will remain so until a permant operating licence is granted and years of good EPS are posted. This is why there has been so much angst mainly I suspect by shareholders who have bought-in
at a much higher SP. Speculative stocks have an element of gambling and
race punters dont run onto the race track when their horse doesn't win, insult
the trainer and jockey and kick the horse on the guts. Neither should shareholders blame others for their risky LYC bet.

There is only one to blame and that is oneself for not appreciating what the risk was and still is.

Some LYC posters have exhibited appalling manners of which as an Australian,I am ashamed.

Investing is all about risk/reward and fear/greed and unfortunately this board
has seen way too much veiled greed rather than an appreciation of others who
have risk without reward.

Reading LYC postings over the past 6 months has made me keenly aware that self interest is rightfully at the heart of economic theory whether we like it or not.

With kind regards
Moorookamick