LYC 0.50% $6.02 lynas rare earths limited

ProjectUlu, not a conspiracy theory regarding the sideways...

  1. 1,146 Posts.
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    ProjectUlu, not a conspiracy theory regarding the sideways stuff, could be accumulation, just don't know yet, so why gamble on it either way? Anyway, seen this sideways crap a million times on different stocks just below a big (often "great" announcement driven) peak and it's often a trap. Why would they spend their money pushing the price down selling to a zillion permabulls when they can just lock a tonne of them into an exhausting sideways range then after they realise they're not gonna be millionaires in a nanosecond coz LYC's awesome, just spend a little bit to trip their stops to crash it heaps lower, covering their shorts at a big profit then going long at bargain basement prices. Well overdue for an epic shakeout, they're like a rare treat for not being a total lemming when it comes to LYC. As a side note I think LYC is one big conspiracy involving NC, the banksters alliance, the Malaysian government, news outlets, SMSL, rorkes, lambda and every other resident ramper :)
 
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Last
$6.02
Change
-0.030(0.50%)
Mkt cap ! $5.627B
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$5.93 $6.08 $5.88 $43.41M 7.258M

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No. Vol. Price($)
2 6279 $6.00
 

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Price($) Vol. No.
$6.04 31762 5
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Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
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