I day trade for a living but I'm investing in LYC in my retirement account. I'm waiting for $2 simply because I see nothing that has changed since The Fear has set in. LYC is once again at the mercy of political winds in a backward country. The same Fear that nearly killed it is now eating away at its guts. There is nothing rational about fear so good fundamentals mean little. Round numbers, like $2, have psychological significance so odds are the bears can take price there. If it happens, I will add to my position. To have a world class company eviscerated by ignorance and fear is not in the best interest of the Malaysian people who, after incidents like Malaysian air flight 370, can use a break in the court of public opinion. So clearly they are not ready for prime time. On the plus side, unless the Lynas board is suicidal, they will build Lamp 2 elsewhere.
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Today, the beginning of ‘the uptrend’, page-23
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B |
Open | High | Low | Value | Volume |
$7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1546 | $7.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.15 | 72361 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25876 | 7.120 |
2 | 280 | 7.110 |
4 | 14033 | 7.100 |
2 | 77850 | 7.090 |
2 | 13233 | 7.080 |
Price($) | Vol. | No. |
---|---|---|
7.150 | 72361 | 6 |
7.160 | 1420 | 1 |
7.170 | 10329 | 1 |
7.180 | 10329 | 1 |
7.190 | 10329 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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