LYC 0.50% $6.02 lynas rare earths limited

why i did not sell today!!!

  1. 1,529 Posts.
    OK so are we crazy to keep holding?

    Is it just arrogance to not take our medicine and lose money walking away with our tail between our legs after Mr Market gave us the whipping of a lifetime?

    Are we too stupid to say enufs enuff?

    Has the sun affected my brain?

    Nope. None of that.

    The reason is that this company is a long term investment and even though the SP is where it is - the company has completed its development phase and now just needs to sell some product.

    And with demand strengthening there has to be a point when someone says "yeah give us a few thousand tons of that non-chinese RE".

    I'm curious as to how the market will receive the news that this company can turn a dollar and thats the real reason I have not sold and will continue with this investment.

    The SP is one factor amongst many.

    Maybe its best to look at the others for a change- focus on the positives IMO.
 
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