LYC 0.00% $6.40 lynas rare earths limited

This type of statement is what really annoys me about FA or long...

  1. 5,301 Posts.
    This type of statement is what really annoys me about FA or long term holders.

    SuperPaddy - it's been up 20%, down 10% - stranger things have happened. Or it's just wishful thinking - it really makes no difference what this stock does on a daily basis unless you are trading it daily,


    So we all think LYC will go to $5.00????? for an example.

    But if I had $20,000 to spend on shares and bought at yesterdays top of $1.62 i would of received 12235 shares and when the price reached $5 they would be worth $61728.00

    Yet if i bought just 1 day later at $1.44 my 20k would of bought me 13888 shares and when it hit $5 they would be worth $69,444.00

    thats an extra $7716.00 i think nearly a 40% extra gain of your initial outlay matters??? Now maybe you won't get it correct, maybe you will even get it wrong but should you at least try???

    The only other way would be to never look at the price and everyday you have spare money just but the stock and cross your fingers.
 
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