Molycorp spikes on report of strength in rare earth prices

A spike in Molycorp (MCP +6.7%) is attributed to an article that says China rare earth prices skyrocketed in the past week.

Dysprosium oxide jumped 79% in the past week, according to MetalMiner's price index; yttria climbed 47%, terbium rose 34.5%.

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Comments (6)
  • tarheelboy
    , contributor
    Comments (350) | Send Message
    Glad to hear it; took a chance on mcp around 7 and hope to get rewarded!
    31 Jul 2013, 02:06 PM Reply Like
  • joelkatz
    , contributor
    Comments (570) | Send Message
    You definitely will, only if you'll sit it out.
    31 Jul 2013, 03:35 PM Reply Like
  • Molycorp52
    , contributor
    Comments (12) | Send Message
    How long do i have to sit it out?
    2 Aug 2013, 12:10 AM Reply Like
  • NC-Investor75
    , contributor
    Comments (9) | Send Message
    looking strong going into earnings August 8th! Let's see
    31 Jul 2013, 04:47 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (7055) | Send Message
    (MCP) is definitely undervalued as $8.
    1 Aug 2013, 12:48 AM Reply Like
  • fatboy74
    , contributor
    Comments (4) | Send Message
    Used to trade in the REE MLY:NB>CB:
    Very thin mkt;
    Secret projects are the norm for these matrials;
    Night vision;power modes(magnets)lasersetc
    1 Aug 2013, 12:12 PM Reply Like
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