LYC 1.54% $7.04 lynas rare earths limited

Technical, page-591

  1. 6,339 Posts.
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    Even at +37% you should not have sold your shares to Ensign Pea-pod. LYC rose from $5 to $8 since you sold taking 80% profit.

    80% profit at $5 puts your basis at $2.77 and thus you took $2.23 profit per share sold. If otoh you had "just listened" and given yourself a few more months, you would have added an additional $3 profit per share.

    Had you waited until now to sell those shares, you would have yielded 190% total profits, or 60% additional profit on 100% of the profit you took back at $5 (instead of just 37% profit on just 25% of the profits you took, which is really lame and not a full accounting).

    I know you don't like math, but your logic fails to impress as well.

    Instead of trying to recapture your high horsey (silly because I will just knock you off again), you would be better served finding someone who can do math and logic for you.

    Or play it really safe and "just watch".

 
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