LYC 2.59% $6.39 lynas rare earths limited

I think we all just need to remember that the SP of Lynas while...

  1. 792 Posts.
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    I think we all just need to remember that the SP of Lynas while manipulated is also cyclic. Yes IMO there is enough evidence to suggest that the SP should be considerably higher but forces are at work to suppress the price until such time as they pump the gas, taking the SP well into new levels, then take profits. Then its a new cycle of suppress the SP until they pump all over again. What cannot be manipulated is the fact that Lynas is now a world class company that is financially red hot in a position to exploit the ever increasing rare earth prices and market. Unless you were planning to sell in the next few weeks just chill, do not sell and wait to the next pump up. There is only so low that manipulators can drop the SP before market pressure kicks in too hard. Amanda does not need to get in front of a microphone to sell Lynas because now Lynas can sell itself. A low SP does not impact the increasingly large profits Lynas is making.
 
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