LYC 0.08% $6.06 lynas rare earths limited

the big sting or not, page-20

  1. 1,176 Posts.
    Warnie,
    I don't think your feeling comes from experience. I think it is inexperience. I have owned juniors that became producers and I have learned to be very slow to sell. I would not be surprised if I do not sell a share of Lynas in 2012. I am sure I will buy with some leverage after approval (till the share price is more in line with the 12 month forward PE I think LYC deserves). If there are still ups and downs before then I do not think they will matter much. HC loves to admire caution. I don't. Bull/bear, cautious/aggressive are sides to a trade in the market. To see them differently is emotional investing. Production hill as I call it is not that common and it rarely sets up this nice. I plan on being rather aggressive about it after the POL. Few trades/ investments are this worthwhile on a risk/reward basis. Just MO.

    BTW, I consider myself emotional about everything. I just try to follow simple rules to make it work for me rather than against me.
 
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$6.06
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No. Vol. Price($)
18 18141 $6.05
 

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Price($) Vol. No.
$6.06 6814 15
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