LYC 0.78% $7.76 lynas rare earths limited

Pure Speculation. Just personal gut feeling ,no charts but using...

  1. 5,436 Posts.
    Pure Speculation. Just personal gut feeling ,no charts but using some history .
    Does anyone think that no information is leaked prior to official announcement?
    What ever is leaked behind the scene I DON T know,but someone would know before i do..
    The big boys would have contingencies in place and, plans ready to be executed at one minute notice.
    I suspect that ,if the ann is as positive as most think it would be , then there would be a massive bulk buy. Retailers would follow at higher price..
    For a start ,I use the ,
    ? The Institutional Placement was priced at A$2.07 per share ?.the placement was oversubscribed in a short time. We have not seen massive sell from the substantial holders .
    Fundamentals have not changed. In fact price for rare earth has risen since last placement.
    With this in my mind ,I can`t afford to play the game buying and selling. Hate to be caught out at this point . Holding long term my choice.
    If the announcement is negative, then waiting time would be my loss.
 
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