LYC 2.60% $7.88 lynas rare earths limited

Hey $11 here I come, page-39

  1. 7,721 Posts.
    lightbulb Created with Sketch. 509

    Great post. Now go look at some past # 1s. and see where they were a month or two latter.

    Ask yourself why this rise? Is it sustainable?

    My answer is Tesla Q4 production was much higher than expected pushing all green stocks up. Look at MP. Better stock gains than Lynas Monday for what? A company that only makes concentrate and only has one custom, China.

    No it is not sustainable even pushing every number to the extreme does not support earnings that can support this price over time. Till then have fun riding the momentum it has been great. Hope you get off before hoarse runs over the cliff.
 
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