Massive imbalance of MCP Oct calls vs. puts guarantees MCP dive into single digits
My rare earth baggers, as I warned you many moons ago, the rare earths often start in the green in the AM, then they dive into the RED by market close or no later than a day or two later, thus quickly erasing all unsustainable gains.
What's more, as per the confirmed rare earth BEAR, the dying juniors continue to trade close to pink sheet levels, and that is standard for sick juniors in a confirmed BEAR, with the seniors typically joining them in the pink sheets thereafter. In most BEAR markets, the sector members die before the bear ends, with only a handful of exceptions. I do not see MCP being an exception since both its technicals and fundamentals are so severely BEARISH.
That is why the only successful effectively risk-free strategy trading stocks in BEAR markets involves shorts of stock, purchase of in the money PUTS, and the writing of out of the money calls, all of which can be done on a naked basis during any bear.
Since you see nothing wrong with selling short and getting rich off the misery of others, I hope you draw the same like-minded amoral ignorant clowns who think they are exempt from the law of reciprocity. I think you are getting too close to the Kool-aid which would explain your fascination with the demise of companies. Pathetic.