Hi Funky,
"the smart move has been to sit on the sidelines"
That is your opinion, if we were currently at $1.50 you would not be saying that, if we went into a trading halt with great news & re-opened much high you would not be saying that, I would be holding & you would most likely have disappeared from this thread like some other naysayers.
"what's the point of buying into or holding into a dropping trend?"
Its only a dropping trend until it changes
"sell in May mentality that hits stocks every year, I have learnt from past experience to get out before end of April or earlier if possible"
So you don't trade or invest from April until when?
Seems crazy as I would have missed out my ELM, IVA, LNC etc profits & other shares that have made money, I have definitely made more on the market since April than I have lost
"And true to form look whats happened with the shareprice"
Only true for lyc & was not a dead cert
"I know you like your averaging down strategy"
Only for lynas & only due to the current circumstances
"very very risky strategy" In your opinion
I have one thing to say about sitting on the side lines, your only a trader if you are trading
Thanks for your friendly & polite post, always enjoy our disagreements ;)
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Last
$6.25 |
Change
0.080(1.30%) |
Mkt cap ! $5.841B |
Open | High | Low | Value | Volume |
$6.25 | $6.26 | $6.17 | $15.83M | 2.513M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 18985 | $6.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.25 | 53073 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 81 | 6.180 |
2 | 12000 | 6.160 |
3 | 15000 | 6.150 |
1 | 1000 | 6.140 |
3 | 5534 | 6.100 |
Price($) | Vol. | No. |
---|---|---|
6.250 | 43756 | 3 |
6.260 | 1545 | 2 |
6.280 | 3279 | 1 |
6.290 | 27747 | 5 |
6.300 | 17068 | 11 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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LYC (ASX) Chart |