LYC 1.30% $7.61 lynas rare earths limited

lynas under $1, page-60

  1. 24,192 Posts.
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    To add to the conversation piece mitta... I believe the theory states that Professionals/Syndicates/Specialists etc, don't take against positions against the prevailing direction of the market ...which is quite clearly down across the board as far as I can see. So I would not be expecting the cavalry to arrive until the markets/ commodities (incl REE) show some indications of bottoming... Suspect many who still hold above say 1.30-1.50 may be "locked in" for a while here. If you are one of these unfortunate souls then best just to walk away and leave in your bottom draw for a while and forget them until the sun begins to shine again.


    All is IMHO DYOR


 
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