LYC 3.43% $6.34 lynas rare earths limited

why i did not sell today!!!, page-11

  1. 927 Posts.
    @timmo69: your post shows exactly whats the main matter here between sellers and holders. you wrote:

    "...the company has completed its development phase and now just needs to sell some product."

    Thats not totaly right. The company (lynas) needs to make profit too - not only sell "some" product (RE carbonates and oxides).

    You wrote: "And with demand strengthening there has to be a point when someone says "yeah give us a few thousand tons of that non-chinese RE"."

    That may be right. But who guarantees you strenghtening demand? When i was invested, everybody told me: REOs are very critical to hight tec products and china will become net importer... and what happend? REO prices did fall and fall and fall from theier highs... china is not net improter and the smuggeling is bigger than regular exports. be carefull in taking "demand is strengthening" as a given fact!

    You wrote: "I'm curious as to how the market will receive the news that this company can turn a dollar and thats the real reason I have not sold and will continue with this investment."

    I hope you dont mean with "turn a dollar" a net profit of 3.6 Million dollar next financial year? You have not sold, because you are curious how the market will receive that???? really???? I am curious too, but i have sold. If you really invest into a company, because you are curious about market reaction... ?!?! How can THIS be an investment reason?

    You wrote: "The SP is one factor amongst many."

    Right, but that is exactly WHY PEOPLE SELL - because there are other factors as the SP that makes them sell: low REO prices, only phase 1 for lynas, putting production down in china because demand isnt big enough, smuggeling,.... THERE ARE REASONS TO SELL THIS STOCK!!

    And all this BLABLA about short sellers, theyer bad intentions and that they want you guys getting out of this stock is completly BS. They are sure, that this stock has a market cap that is to big. and they want to earn money with shorting it.

    If you say: market cap is too low, i buy lynas and will make money it is ok. But if a shorter says market cap is too high i will shortsell lynas and make money with that it isnt ok?

    This is really arrogance!
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.