LYC 0.77% $6.56 lynas rare earths limited

everyone calm down

  1. 999 Posts.
    Hi All,
    For all those who are crying,tearing their hair out,arguing with their wives,husbands or significant other PLEASE DO NOT PANIC and make decisions in haste.
    These market conditions are being MANIPULATED big time to force you out of your shares.
    If you believe in the fundamentals of the stock based on your analysis then what has changed, only the share price. You only LOSE money when you SELL at a lower price than you bought in at.
    1 quote " in the short run the stock market is a voting machine in the long run it is a weighing machine"

    I take this saying to mean that the Share price of any stock reflects the market sentiment towards that specific stock as well as general market conditions. That is some stocks may have specific issues, profit downgrades, poor management etc indicating that they are "broken companies" and their SP is downgraded by the markets. However in the long term (many years) the SP of a stock is driven by the growth and earnings of the company.
    Well managed,growing and profitable companies exhibit increasing earnings per share year on year and consequently a rising SP. They reward their longstanding shareholders with both capital growth and increasing dividends over time.

    Please reconsider the placement of automatic stop losses.
    Remember brokers make money when you trade in and out irrespective of whether your trade is at a profit or a loss.


    regards





    jukieoz836
 
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Last
$6.56
Change
0.050(0.77%)
Mkt cap ! $6.131B
Open High Low Value Volume
$6.51 $6.59 $6.49 $8.348M 1.273M

Buyers (Bids)

No. Vol. Price($)
4 16304 $6.55
 

Sellers (Offers)

Price($) Vol. No.
$6.56 2708 2
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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