LYC 2.86% $6.11 lynas rare earths limited

how long will it take, page-48

  1. 6,309 Posts.
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    Don't stress Benjaminroberts.......no doubt you are a member of a very 'unexclusive club.' Many thousands would have lost many millions. I was sold on the story like many others. The final crunch for me was price sensitive information appearing in the Malaysian press overnight while we were sleeping eg an article appeared revealing that LYC could not make money from current prices at the time etc....The SP has been trending down for years , spiking occasionally. About mid June last year the SP dropped 12% in a week. I got out....I thought too late @ 0.435...so glad I did as I never thought it would ever be at this level. Like a massive air disaster many things went wrong at so many levels resulting in what we have today. I still watch with interest hoping to re-enter to recoup some of the biggest loss I've sustained so far....but I'm sure those who have been playing us retailers know this so I will be very very wary !
 
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