LYC 1.32% $6.90 lynas rare earths limited

Capital raising?, page-64

  1. 457 Posts.
    Hang on, we heard from the Happy clappers that this stock would definitely be at .20 cents no later than by the end of this year, we even had long winded posts by Ausheads and uplifting charts by our resident guru CEOchair and a lot of these people were adamant it would repeat the same upwards pattern as last year.

    Instead the price has continued to drop and is at roughly 50% the level of what it started at this year.

    And Now you're instead saying it will be 20 cents next year whilst pushing back the goalposts....

    Does anyone actually critically look at the financial situation that this company is in or are people so hopelessly emotionally tied and biased to investing in one direction only that they pretend in their heads that someday in the future the narrative and shareprice will end up fitting their emotional hopes and dreams.

    The Averaging down strategy that is espoused by many here must be reek havoc with emotions and judgement.....it has to be even harder to cut your losses when you've doubled or tripled down.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.