LYC 0.60% $6.71 lynas rare earths limited

Why? DOT com is a great example. Price were pushed very high...

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    Why? DOT com is a great example. Price were pushed very high 1998 - 2000. With the idea of these companies would have fantastic profits because of no brick and motor. when profits failed to materialize the profits fell most more than 90%. Think Lynas whose profits are down about 90% from H2 2022. Many went BK, think MCP and GWM. Outrageous sales predictions crumbled, sales did still grow but at a fraction of what was predicted, Look at which are now only growing slowly or wind that is now contracting. .

    JMO if you do not see the similarities you are a new investor who does not understand there are few new things. Just like I was 55 years ago. Fail to see that certain patterns repeat over and over again. That they are easy to spot. Want proof keep your eye on the Big names in AI right now. They will repeat what happened in DOT Com, Banks, and Green sector. New people always thin they are going to make a fortune and are easily moved to the Hot stocks. Making good buy decisions is fairly easy. It is selling that most usually get wrong. The other big mistake is not taking Paper losses seriously. If you bought before 2021 you are now down about 50%, from MAY 2022 high of 11.56 from high. The fact you may not have recognized the loss yet by selling does not change the fact you did not understand what is happening. This is true even if you bought below $1.00.
 
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Last
$6.71
Change
0.040(0.60%)
Mkt cap ! $6.271B
Open High Low Value Volume
$6.69 $6.72 $6.62 $22.41M 3.351M

Buyers (Bids)

No. Vol. Price($)
2 8031 $6.70
 

Sellers (Offers)

Price($) Vol. No.
$6.72 16873 3
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Last trade - 16.10pm 27/05/2024 (20 minute delay) ?
Last
$6.70
  Change
0.040 ( 0.66 %)
Open High Low Volume
$6.71 $6.71 $6.62 860270
Last updated 15.59pm 27/05/2024 ?
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