LYC lynas rare earths limited

You should take some time to sit back and figured what led you...

  1. 8,490 Posts.
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    You should take some time to sit back and figured what led you to hold, while so many saw problems and sold, drooping stock price over 95%. It is just a guess but if you held that long you may have also bought on way down and at bottom. If you put all your buys and sells into an annualized gain program you are probably not even with inflation never mind the S&P 500.

    Ony by Annualizing past bad decisions can you prevent yourself from repeating history. Investment books commonly say most investors make great first buy decisions. It is poor selling decisions where they lose money. They fall in love with their stocks especially those with great gains and cannot see problems as they occur.

    I have the opposite problem I usually sell too early, because I look for any bad signs. But I like having the philosophy of avoid big loses even if it means missing some big gains. As your story shows it takes a long time to recover from any big loss.
    Last edited by ContraryJ: 04/12/21
 
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Last
$10.73
Change
0.080(0.75%)
Mkt cap ! $10.03B
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No. Vol. Price($)
2 1248 $10.73
 

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Price($) Vol. No.
$10.75 41 1
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