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...
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.90 |
Change
0.050(0.64%) |
Mkt cap ! $7.384B | |||
| Open | High | Low | Value | Volume |
| $7.99 | $7.99 | $7.76 | $28.26M | 3.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14205 | $7.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.91 | 44842 | 2 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |