LYC 0.16% $6.29 lynas rare earths limited

2013, the adventure begins., page-33

  1. 1,529 Posts.
    Sure. Thats exactly what I am saying.

    I make a decision every single instant as to buy or sell this stock and so does everyone else.

    The point is that at any one time all of that information is held in the SP and it is on that basis I make my decision as does everyone else.

    No one can sell the share for what they reckon it will be worth next week, or next year.

    The market tells us what it is worth now so it is right.

    And those that say it is wrong can try and sell their stock for more but no one will pay more than the market price.

    To say it is wrong is incorrect.

    Again this is the importance of TA otherwise you are in denial.

    Who will pay you more than 62.5c?

    If you could find them they would be swamped with other shareholders undercutting your higher price to get the deal and that would go on until they finally paid the price of ???

    62.5c. Market is right.
 
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