Warnie,
I don't think your feeling comes from experience. I think it is inexperience. I have owned juniors that became producers and I have learned to be very slow to sell. I would not be surprised if I do not sell a share of Lynas in 2012. I am sure I will buy with some leverage after approval (till the share price is more in line with the 12 month forward PE I think LYC deserves). If there are still ups and downs before then I do not think they will matter much. HC loves to admire caution. I don't. Bull/bear, cautious/aggressive are sides to a trade in the market. To see them differently is emotional investing. Production hill as I call it is not that common and it rarely sets up this nice. I plan on being rather aggressive about it after the POL. Few trades/ investments are this worthwhile on a risk/reward basis. Just MO.
BTW, I consider myself emotional about everything. I just try to follow simple rules to make it work for me rather than against me.
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Last
$6.05 |
Change
-0.010(0.17%) |
Mkt cap ! $5.655B |
Open | High | Low | Value | Volume |
$6.00 | $6.08 | $5.97 | $4.681M | 776.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 885 | $6.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.06 | 13159 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 9239 | 6.050 |
23 | 21148 | 6.040 |
21 | 31827 | 6.030 |
16 | 50202 | 6.020 |
14 | 15621 | 6.010 |
Price($) | Vol. | No. |
---|---|---|
6.060 | 5301 | 20 |
6.070 | 25781 | 22 |
6.080 | 37300 | 17 |
6.090 | 45177 | 14 |
6.100 | 25801 | 16 |
Last trade - 11.10am 25/07/2024 (20 minute delay) ? |
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