Well maybe and if you believe it is all China maybe you are correct. First we are long over due for a dead cat bounce I said this on FEB 11 to 600L
" Which for me is a clear indication of a Dead Cat Bounce. Yet you fell for this head fake. and bought." CJ Post #:66708751
If you want to say it is going up for a few days or even a couple of weeks I will agree. Until the overall atmosphere change to where Lynas can make profit the price will continue down. Most investors care about Earnings and profits and a distant third Book Value. China has an influence on those but is not the primary factor Supply and demand are.
Want to understand more See my post today Post #:66834366 in the NdPr price thread. It should be a wake up call to all holders. Doubt it will be but that is their problem.
Should you not have waited at least a week to declare a change? since the SAR which saw lower Profitsthe price has gone from 8.20 to today at 6.58 a 1.62 drop in less than 3 week. (OKay, 2 weeks and 4 days) Then it goes up 0.15 in one day and you declare a change Could you explain how that works. Doubt you will, you never justify your ideas.
You still have not given me my post # where you said I said bad things. I will admit I have be come very upset with Tolly and his ideas but I do not think I said what you claimed I Did. Did you just make it up again?
LYC Price at posting:
$6.58 Sentiment: Sell Disclosure: Not Held
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