"......Dont' understand this forum.....some one says not a good time to buy ....take profits and everyone agrees? aren't we here because we believe in LYC?.."
No one suggested to sell and take profits,
someone suggested that they had covered their LT holdings
which I took notice of and have just closed out for a gain of 6cents
Therefore if we close say at 130.5cents today that will be a gain of 3cents, that is if one did nothing
Another option would be to do as someone may have hinted at and hedge your position for the day or even just intra and possibly gain, I think someone said a figure of 6cents before,
therefore of the 2options, one has the opportunity to gain 3cents or an opportunity to gain say 9cents, both as a LT holder
also someone suggested it's possibly not a good time to buy first up and if we look at the shareprice - it's FALLEN from 135cents to a low of 128cents
a big 7cents fall
cheers
30min chart
LYC Price at posting:
$1.30 Sentiment: None Disclosure: Held
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