Really? Why? We've had what seems like dozens of those, then nothing, like today. Closes back in the red again. Sorry, I am just frustrated with this stock's behaviour. I like the company, hate the stock at the moment.
i see the battle (shorts/bulls) start to be equally balanced. why the heck on a friday expiration. a pop at 11h? strange, if it did at open and sinking then it has a pump/dump purpose.
A 8 to 8,50 is not impossible in dyas/weeks time. Then the shorts will take assault again in order to sell the too fast rally. it will be interesting battle till next Q i guess.
May I offer a suggestion. IMO, you are not witnessing the behavior of this stock. You are witnessing the behavior of the Wall Street fundsters preying off retail investors. This pattern has been repeated over and over and over again so many times that it is laughable. Molycorp is a PUMP and DUMP, manipulate, take out the stops, SCAM. IMO. Like others said on this board, this joke is a perpetual cash cow for the wall street folks. Unless you also have a HFT platform tuned into the greedy on Wall Street, you are nothing more than a gambler in this stock.