LYC 0.39% $7.75 lynas rare earths limited

the truth about lynas share price, page-5

  1. 22,971 Posts.
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    Hello jackanator87,
    Thank you for the post,

    There are many LYCites who attribute LYC's woes to everyone/anything
    bat LYC itself but In guess if they are long on the stock Mr Market has
    his own way of addressing their belief in the company.

    Over the next 2 years while there is significant risk to LYC, the SP is likely
    to be volatile; thats just the nature of LYC. I can appreciate the dedication of
    those shareholders who have stuck with LYC from much higher SP without
    a stoploss.

    This has been a good trading stock since last September and
    it will likely be for the next 2 years and there is little point in gloating when it goes up and looking for donkeys to hang a tail on when it goes down.

    Apart from the usual devotees/cheerleaders that a risky stock like LYC
    attracts some are also struck with a bad dose of rare-earth-ites.

    There's a very valid saying in investment circles that one shouldn't fall
    in love with ones stock but it seems that this maxim is not widely understood.

    With very best regards
    Moorookamick
    Sentiment: Hold
 
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