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Rare Element Resources Ltd. Ord Message Board

  • y0da7119 y0da7119 Feb 24, 2013 2:14 AM Flag

    Why the dip below 3?

    Why did pps drop so harshly here?

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    • The shorts must be piling on. I have not seen a single solution to China's dynasty- China is getting the supplies from Molycorp and AVL. They are buying the future supplies elsewhere, as well as the China resources. I still see the problem. The Ames laboratory at Iowa state is getting money and finances makes me buy more. NO SOLUTION YET. No developing capabilities or financing among verticals. I think its a gift. if it is a short attack their shorts will be fuel here........ The demand world wide is sky rocketing- fact.

      • 1 Reply to rchites
      • MCP is bringing the whole industry down, Resent drop is industry wide........... MCP- at 10$$$$$$ -- you’re not familiar with the story, it’s basically a matter of short interest vs. insider buying. Short interest recently climbed to over 60 percent, which is rarely seen for even the most hated stocks in existence. The reason for this burst in short interest was because of an SEC investigation announcement with a focus on the accuracy of previous disclosures. The stock had been hammered since that announcement, but then insiders stepped in and began buying up stock at a rapid rate. Over the past six months, over seven million shares have been purchased. The insiders at Molycorp were correct the first time around when they sold tons of shares between $50 and $51. Will they be correct again? Let’s take a look at some numbers, which can help remove all the hype and help paint a clearer picture. Looking at the returns and numbers gives a clear indication as to why the SEC might have interest in looking at some numbers. This type of growth isn’t seen often. Actually, it’s extremely rare as well as borderline unrealistic. However, anything is possible. If MOLY is clean the industry will double over night. We are about at the bottom to start buying.

0.1510.000(0.00%)Feb 26 4:00 PMEST