AP: Analysts seeing MCP have a strong bright future, Demand will be up in next two quarters MCP $30
MCP maintained $227.8 million of cash and cash equivalents on the balance sheet
MCP cannot go bankcruptcy as all shorts thought, so MCP Must Go Up $15 this quarter
$20 next quarter and $35 by year end.
read this reply carefully... MCP will never hit 35 again unless a reverse split.... will never see 20 next quarter without a reverse split....... this stock will be very lucky if it ever crosses $10 a share again... They destroyed the company from the 70's to the 5's....
Read carefully? There's nothing there. Make your argument against positive results coming in months/years as a result of company cutting costs, ending CAPEX, cutting a huge percentage of current production costs by 2nd half, its deal with Univar, its advantages in having Sorbx on roster ofproducts (wealth of material just posted on Web site on advantages of Sorbx), beginning of JV in Japan, new magnets forthcoming from Magnequench -- if you do that, I promise to read carefully.