LYC 0.33% $6.07 lynas rare earths limited

dilemma - benefit of your wisdom please

  1. 148 Posts.
    would benefit from the wisdom of those on here but am NOT looking for financial advice!

    Dilemma is this... i own a couple of , ermmm, how shall i put this...
    Crap shares. Not to say that the company itself will not turn around in the next 2-5 years but i think it may be an uphill struggle,
    RMS
    PDN
    ZGL

    im considering ( as im approx 30% down on these) selling the stock and buying more LYC - the theory being i will make more (hopefully) than 30% in the next 2-6 months and therefore cancel out the loss.

    Obvious flaws... LYC still waiting for TOL etc and goes nowhere... or worse and ive realised a loss on the above that i can do nothing about.

    just looking for some feedback please... especially as we seem to having nothing else of real value being discussed on this thread at the moment.

    oh... and that is in no way bagging anyone.. just that we are all in a bit of a holding pattern at the moment.

    thanks guys/girls

    Mrs P

 
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