Molycorp (MCP +7.2%) joins other rare earth miners in rallying (REMX +6.1%) after Morgan Stanley...

|By:, SA News Editor

Molycorp (MCP +7.2%) joins other rare earth miners in rallying (REMX +6.1%) after Morgan Stanley reiterates an Overweight and $90 PT. The firm thinks investors lack confidence in Molycorp's ability to execute, especially following its weak Q4 guidance, and thinks shares could rally as sales volumes are locked in. (magnet JV)