Too much of this thread appears caught in the weeds of daily,...

Too much of this thread appears caught in the weeds of daily, weekly or monthly price action.

There are many of us who have owned LYC for a long long time pre consolidation days.

Once you have seen the extremes of both highs and the lows, and made some nice coin, adding and trimming in weak and strong YEARS the monthly proces count for nothing.

One quite vocal poster here seems to pop up as a seller of just about every company I have owned that went 10x or more. They are very noisy in the troughs and silent in the peaks. Funny about that. Their intelligent and often well reasoned posts are quite persuasive. Regrettably for younger players they would also condemn most who heed them to a much poorer life of what "coulda shoulda, woulda been" missed opportunities.

Each to their own, and I have made some shocking calls as well. My main point of difference is I try to own them and work on ways to clutch victory from the jaws of defeat, by active trading rather than tongue wagging.

I love the positioning of LYC in the global context. They are as vulnerable to global growth as any other commodity producer, except that they hold a priveleged status in the eyes of our allies, Japanese manufacturers.

From tihs 30,000 foot vantage point, I nearly always accumulate a trading position in the low $6 area, with a view to sell on any 15% upswing. I don't care about CGT discounts because my trading portfolio is held on revenue account. My goal is to buy at "lowish" prices and sell at "highish" prices, always buying a little too soon and selling too soon, but more often than not, racking up profits even in dog stocks that get oversold (eg right now quality Au is going for a song).

My investment portfolio is very concentrated. I accumulate large lines for the long term, and Lynas although nowhere near my best, has been 25x holding.

Every investor has their own objectives, style, time frame and capital resources. In my view you should ttick to them.

Very little you will read on HC will help you, especuially when it comes to picking market tops and bottoms. If you are a long term holder, accumulate on weakness and hold, whether right or wrong. If you're a trader, you'll have your own methodology that hopefully has nothing to do with uprampers or downrampers on HC.

Finally, remember, there is an awful lot of BS that gets thrown around, usually but not exclusively by non holders. I still can't work out why they spend time on stocks they don't own. I rarely buy the "shorting" excuse as those volumes belong to the big guns who don't waste their time here at all.

I am not one of them, nor do I want to be. I am just the 40 year plus mug, with all the scars to prove I am as fallible as anyone, who hit some rich veins of gold along the way and a penchant for emerging secular trends. Like LYC back in the days before AL was at the helm. Importantly, I also try learn as much as i can about companies by keeping my holdings tight and reading everything I can from every source, respecting some sources much more than others of course. HC is low in the pecking order except for the brilliant engineers that share their knowledge in the resource part of the market.

Younger readers could dismiss me as old fart, that's fine. Others I would like to think may pick up something from my posts to help them on their journey of knowledge. Public Forums can be used for good and bad. I certainly wish I could have tapped some old brains in the early 80s when everything was on sale. Then again, I had no money then, though the honest sharing of experiences can be priceless and it was a much less pretentious time to be an investor.

Know what you are about, and I hope that serves each of you well.

GLTASH

PS FWIW, Bagged some more LYC today and I really don't care if it goes lower, because I know exactly what I will do if it does just as I know what I will do if it crosses $6.90. Clarity of purpose makes decision making a lot easier. Procrastination is often the biggest impediment to success.

Good luck everyone. It's nearly my bed time! Nah, just joking. Insomnia has given me extra hours every day of my life. I love overnight trading in the big leagues though I am still a rookie in those ball parks.