LYC 3.43% $6.34 lynas rare earths limited

Indeed, antibotter... I have been holding LYC stocks for few...

  1. 207 Posts.
    Indeed, antibotter... I have been holding LYC stocks for few weeks. And the main reason why I bought them is because they are extremely CHEAP at the moment: my opinion (which actually happens to be the same opinion of JP Morgan, for what is worth...). I do consider LYC shares still largely oversold.

    There are, of course, other reasons I considered before turning to buy LYC: REE rising prices, growing REE markets, China reducing REE production, Malaysian politics, etc. I did consider the risks of the investments too (e.g. Lynas's financial situation, nameplate delays, etc.).

    Honestly, I have got just sweet memories about Lynas..I remember when, about a year ago, sp jumped 40% in one day... it is still my best stock investment so far..
 
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