Stochstar55.
THe $4 club originated when the basket price was around $60.
Its basis was always taking into account that LYC would produce 11,000t.p.a.
Predictions were made on various basket prices,and $4 appeared to be an ideal target price to aim for.
There was no ramping or ranting.
There was no time factor allocated to it.
Everyone knew that until LYC was producing,no income,we were going to be at the mercy of the market.
We knew there could be delays,many posters are engineers,that provided invaluable information.
Everyone was aware of the protestors and ramifications there.
LYC holders were encouraged when Sojitz entered,not by hype on HC.
but when the Malaysian Gov. built the 2 chemical plants.
Then came Siemens.
Then came BASF
You see you dont know the background,and thats unfortunetly what we have had to put up with on HC and why many good posters now only pop in now and then.
No stock holders (tumbleweeds)who come in many moons later preaching,with golden gems on how to sell high and buy lower..wow enlightening.
Your right,you wont be invited.
PS Just remind me again..so when it goes higher..I sell..then wait for it to go down..and then buy..ahhh..got it.Thank God your here.
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