LYC 2.28% $7.50 lynas rare earths limited

stinker

  1. 2,942 Posts.
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    I wasn't too comfortable with the price dropping to near 75c then I got out at 72.5 and made a small profit!.

    Having seen the price today I did the right call,
    "Getting out of LYNAS early was like taking off a pair of smelly socks".

    I suggest watching the moves on the company, watching market demand(US Fiscal cliff approaching fast, economy slowdown ETC) and conserving your money since everything will get hammered down the road.

    If it goes to 50~60c..... I might consider getting back in.
    ===============================================

    MY QUOTE
    "Investment in the share market give the greatest excitement of loosing all your money in a system that promises great returns and putting your faith in people who usually only have their interests at heart"
 
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