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.
Warnie,I don't think your feeling comes from experience. I think...
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Last
$6.06 |
Change
0.040(0.66%) |
Mkt cap ! $5.664B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $6.06 | $5.76 | $50.03M | 8.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3840 | $6.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.07 | 39097 | 4 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |