What will help build confidence is some reasons. Telling people you are buying with absolutely no back ground is totally hollow. Try the following.
I think the resent stock drop is because
A
B
I think the following will reverse.
A
B.
I think the following will become big pluses for Lynas
A
B
Personally I am in a hold situation and here is the reason.
The stock went down because:
NdPr prices stumbled badly after a dramatic run up. Meaning supply and demand are balanced short term, maybe supply is a little bigger.
I classify Lynas as a Growth stock. Trade wars have people very nervous and there appears to be a shift from Growth to Value stocks which always happens when things get tough.
I am holding because I have no idea when either of these will turn around. Major trade wars will lead to a recession or worse. Decreasing demand and continuing the shift away from growth stocks.
BUT Long term I am bullish because
NEXT will provide a positive to revenue.
Long term NdPr demand will increase.
If I sold Lynas now I would take a loss on two of my 3 purchases and a loss overall. I am watching the trade situations closely. If it keeps getting worse I will sell for a loss. I started last September moving from Growth to Value and have taken my portfolio Value position up to 80% from 40%. We are in the biggest bull market ever both in duration about 9 years and percent about 380%. The only one that comes close is after the 38 depression which was also started by trade wars. That growth cycle was extended by a war and US becoming the low cost supplier to a rebuilding world after the war.
Note the DJIA was at 592 in July of 1988 it is 24456 today a rise of 43x in 40 years a double every 8 to 9 years. The last 9 years has been almost twice that.
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Last
$6.30 |
Change
0.000(0.00%) |
Mkt cap ! $5.888B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 5548 | $6.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.99 | 415 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 5079 | 6.610 |
2 | 74 | 6.480 |
3 | 772 | 6.470 |
2 | 3423 | 6.380 |
1 | 1113 | 6.350 |
Price($) | Vol. | No. |
---|---|---|
5.990 | 415 | 2 |
6.120 | 2860 | 5 |
6.180 | 3776 | 3 |
6.300 | 5000 | 1 |
6.310 | 3150 | 1 |
Last trade - 09.52am 20/08/2024 (20 minute delay) ? |
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