LYC 3.58% $7.68 lynas rare earths limited

20 Cents just got Cracked!, page-32

  1. 6,317 Posts.
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    Rode it from 15.5 to 22, then stopped out at 20c. Oh well, not a bad little run while it lasted.

    Too much uncertainty over the quarterly for it to be sustained IMO, which is why we have this intraday dump, too many traders with itchy fingers. Won't take much for it to reverse and start climbing again though I reckon. Just needs a few brave souls to start buying again and the sheep will follow (myself included ).

    I think as long as the quarterly can show modest improvement to production rate and costs, we've seen the bottom. After all this fuss dies down a bit I will look at re-entering for real.
 
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