Well, I hope you are right kdav. I am long Lynas.
Maybe you could ignore Lynas on the US OTC. However, can you ignore a negative outlook rating for US debt by the S&P, or the almost certain restructuring of Greek debt, and the 140 point drop in the Dow Jones today?
Get ready...the ASX may get hammered today. I hope not.
World markets are on a knife edge right now. If just one major US bank goes down soon (e.g., JP Morgan currently under tight short squeeze on silver and Bank of America's troubles over housing are mounting), the entire world market will drop like a rock and the great recession we had a couple of years ago will pale in comparison. I do expect this to happen, but I am hoping it won't happen for another few years.
Well, I hope you are right kdav. I am long Lynas. Maybe you...
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Last
$6.40 |
Change
0.170(2.73%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.40 | $6.28 | $12.65M | 1.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15037 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 38814 | 10 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |