OpTrader
You're on the money with that post :))
I momentum trade. My 'mistake' is that I have fallen in love with LYC. I paid $2:04 this time around and let her stay at $2:34 :(( Albeit I don't mind waiting for the next leg up, LYC has made me good money- 120k units is plenty to do 'catch up' on that mistake.
Even though she is a pretty little thing I have to learn to love her and leave her and if she wants me to take her back I will but as long as she understands I am not ready for a long term commitment.
As to analysts trying to predict 2012 2013 2014.....last time I checked a crystal ball is not a trading tool.
Some one said Moly deserves price premium over LYC due to 40k tonnes v 20k tonnes. LYC goes into production first and has the richest deposit in the world(according to their claim, which no one seems to dispute). As such, first in, first serve.....
j p morgan valuation, page-22
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Last
$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6556 | $7.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 3385 | 1 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |