It is emotion not Metrics and once that happens seldom can logic be applied. Seldom can comparisons be made between stocks. Recent buys by insiders have helped MP a lot. Only insider trading in Lynas is AL and many people that do not have to report like VPs Selling. inside ownership has been cut in half for Lynas and is now down to 0.97% Institutions holding is down about 30% is now at 36%. This VS MP where both have increase insiders 18.4% institutions 65.4%. In spite of this I bought MP puts when market opened Friday mourning. June and August with Stike prices of $50 and $55. WHY? concentrate prices dropping steeply. Too late in Q to hit this Q but big impact to next Q. A major correction is coming possibly a Recession and high PEs stocks always get hit worse. MP PE 75 Lynas PE 34. Even Lynas's is high going into a correction. Back up for my facts
https://finance.yahoo.com/quote/LYC.AX/key-statistics?p=LYC.AX
https://finance.yahoo.com/quote/MP/key-statistics?p=MPSorry but it is on the NYSE. big difference is full listing VS pink sheets. Nasdaq is now the number one exchange in US not NYSE
Up Up Up We go, page-154
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Last
$6.74 |
Change
-0.140(2.03%) |
Mkt cap ! $6.300B | |||
| Open | High | Low | Value | Volume |
| $6.75 | $6.83 | $6.72 | $13.84M | 2.049M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4099 | $6.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 3692 | 5 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |