vvg26,
100% agreed. There are no flying pigs, but flying explorers if valued fair with price projections way up. Mark it: projections, future, fantasy, hopes, greed, fear to "miss the boat etc. = no facts at all. But still rising.
Lynas has risen from a few cents to $ 2.80 and still is an explorer with all the above positively priced in.
Like all stocks they are facing a "Down to earth"-Phase every now and then. LYC is at that point and unless REO price drop dramatically (don't think so for the next two years or so), I can't lose shorting a Co. at the end of the line while longing others at the beginning or in the middle. I will not get old with these stocks in any case. Those who tell you the long term holding confidence blabla story, should just look at the charts.. You can only enjoy a rollercoaster ride if you like those strong moves and profit from them, both ways if you can.
regards
Julia
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vvg26,100% agreed. There are no flying pigs, but flying...
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Last
$5.92 |
Change
-0.030(0.50%) |
Mkt cap ! $5.533B |
Open | High | Low | Value | Volume |
$5.95 | $5.99 | $5.88 | $20.30M | 3.422M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 186 | $5.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.94 | 999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 186 | 5.920 |
1 | 10000 | 5.910 |
3 | 16086 | 5.900 |
2 | 22232 | 5.890 |
1 | 12232 | 5.880 |
Price($) | Vol. | No. |
---|---|---|
5.940 | 999 | 1 |
5.950 | 12264 | 5 |
5.960 | 12232 | 1 |
5.970 | 12232 | 1 |
5.990 | 1100 | 1 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
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LYC (ASX) Chart |