The market can be a strange beast especially on a day to day basis. It very well could be a blip but already some of the things i said are changing. MP -0.37% -2% REMX -0.13 -0.22% it Was up till noon then Fell LYSDY closed Up 0.10 2,3 % but it fell 6 cents after 12 PM LYSCF closed up about same as DY but was only down 2 cents from is noon high.
JMO because I can find no reason for the runup. and no one can suggest any I still think price of < 5.50 in March is likely because of Revenue, Q4, and Profits SAR, being way down. For me the idea of great profits in 3 ~ 5 years just does not explain it. If other people want to believe it that's OK to many times I have heard this, DOT COM, Banks and it falls apart before we ever get to that point.
Let me be clear I fully believe The ICE motor will be gone by 2050. Right now I se no alternative other than Electric motors. Less sure about them being PERM magnets that is a long time not to have some type of new tech. I am just less convinced what the technology will look like. 30 years is a long time think back to 1990 and what has changed.
LYC Price at posting:
$6.65 Sentiment: Sell Disclosure: Not Held
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