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Molycorp, Inc. Message Board

  • godiggity123 godiggity123 Oct 3, 2011 2:20 PM Flag

    Sit back and watch it grind higher

    Capitulation from NAZ (2.7%) down intraday. MCP drops from 31.8 to 30.61 in short order while market has intraday drop. Overall market was down 5% when adding the 2.5% it dropped on Friday plus today's intraday. Very rare on little news.

    MCP to rebound today after tumultuous past 2-3 weeks which has left the stock down over 40%. I would not recommend selling as it has mini in-trend drops as it works its way toward breakeven today

 
MCP
0.32-0.03(-8.57%)Mar 27 4:02 PMEDT