Yes there are many articles saying what this says. All the REE stocks started dropping long before last Wednesday. JMO it is the drop in all the different stages in magnet production, Concentrate Oxides, Metals and magnets all of which started 5 weeks ago. You want to believe it was Tesla than that is fine with me. My guess is the $25 K EV is substantially late like most things from Tesla and now Elon has something new to blame it on the development of a new motor. No doubt Tesla's motor contributes to fall but I do not think it is the primary reason. Believe what you want.
MP was at 35.82and did drop to 31,89 about 12 % but it bounced back and now is at 33.50 down 7% Lynas was at 8.37 and dropped to 7.80 down only 6% but is at 7.35 now down 14%. I will stand by my opinion that the chart below show real reason for Lynas fall which i think is more responsible than KAL for the next few months.
Some times I am just blown away about the depth of your posts and how much you contribute to discussions on this board. Thank You for reconfirming my opinion.
LYC Price at posting:
$7.30 Sentiment: Sell Disclosure: Not Held
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