January 2, 2014 = Maintain Buy rating, Performance since= = -69%, unperperfomance Versus S&P = -87%
April 2, 2014 = New coverage - Buy rating, Performance since = -60%, underperformance Versus S&P = -85%
Davidson issued their maintain buy rating on January 2, 2014, which was the high for 2014, it has been all down hill since.
They are zero for two (0/2) on MCP so far = Idiots.
I find that I am a lot less biased since I exited my MCP position. I'm not recommending anyone short at this price, nor would I advise anyone to go long either.
If you had asked me to predict how low MCP might go a few months ago, I would never have imagined it would go below $2, just as prior to the last Q report I would never have imagined it would go below $3.
But IMO, most of the short with large positions know a lot more than any of us about what is going on and indeed they need to, considering the risk associated with their position and they should not be underestimated as they have been by many posters for a very long time.
Papa, you are getting reasonably good at using fear tactics youself against the shorts, but IMO the shorts are not scared one bit.
Will be an interesting day tomorrow to see if we can get two up days in a row.
The longs track record is worst than a broken clock!:
-4 days in a row (wew all time lows for days in a row)
-4 weeks in a row (new all time lows set in each of the past 4 weeks)
MCP Management cannot provide to anyone any non public material information.
Any info. they got from management is the same old non sense we got at the last Q report.
The shorts have made about a 41% return since you started buying, when you thought it was a good entry point and commenting about those who where bitter, having bought at a higher price!
Sorry to say you appear to be turning into just another bag holder.
The shorts have made a 66% return since the last Q report (assuming of course they will be able to cover which IMHO they will, notwistanding the CB and others non sense to the contrary).
Perhaps China is not stupid enough to try to sell above the price which might make more Western producers projects feasible which would bring more supply online.
Perhaps not, but look at the trouble two hedge funds are giving Argentina, perhaps pushing them back into default if they do not make them whole.
I'm not a big believer in conspiracy theories, I prefer listening to what Mr. Market is whispering in my ear, it has work well for me so far.
I put my trust in Mr. Market, he knows what is happening far in advance.
If the Mountain Pass is anything like the shop I work for, the workers in the plant know what is going on and are talking to friends and family, who are talking to more friends and family,etc. So you can be sure the big and smart money also know what is going on. The retail investors as usual will be the last to know and left holding the bag.
Are you erasing your posts? Just this morning you posted that the smart money had already sold and now saying the contrary and erased the morning post!!!!!
If we can't trust Bob, who can we trust?
Investors, including Molymet should evaluate MCP not on what they paid, but on its present value, living in the past is a mistake many make.
You need to ask yourself what would Molymet gain by loaning MCP money Versus continuying to let it flaunder. If it was in their interest to loan MCP money or guarantor of a loan, they would do so. If they do not do so, it is because it is clearly not in their interest to help out all the other investors when they could be helping solely themselves.
I doubt Molymet cares about the PPS, they probably care more about gaining control at the least cost.