LYC 2.90% $6.37 lynas rare earths limited

LYC has 75% of its shares tied up with the insto,s.Most of the...

  1. 872 Posts.
    LYC has 75% of its shares tied up with the insto,s.
    Most of the 75% is made up of the Who,s who in the Global financial world..heavy hitters.
    They have been in for a long time already,and have a good idea of the importance of REE,s

    Long term holders are a dead loss to these manipulators,or call them SP managers..as they cant get at their holdings.

    That leaves the ST traders,shorters,as the daily food scource.

    Thats where the battle is fought daily..Fund managers with a medium to long term agenda,and the circling vultures.

    They know that Traders are on T+3,or margin calls ,and consequently are really easy targets.
    Thats why much more traders are burnt then not.

    With crtitical ann.s around the corner,its a last chance cafe to spook more holders to sell.

    The analysts use TA..also as a weapon.
    The know most ST traders are or use charts,and will turn 360 degrees to wipe them out as well .

    Most of us LT holders have had the odd crack at trading at different times..we have all won some..but most times bought back in higher..so most of us have learnt our lessons that trading thrills and kills.

    Thats why I dont listen to Chartists ,ST traders,shorters,they are on top of the HIT parade for the big boys.

 
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Last
$6.37
Change
-0.190(2.90%)
Mkt cap ! $5.954B
Open High Low Value Volume
$6.53 $6.55 $6.35 $21.07M 3.291M

Buyers (Bids)

No. Vol. Price($)
6 11945 $6.36
 

Sellers (Offers)

Price($) Vol. No.
$6.37 99 1
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Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
LYC (ASX) Chart
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