Seeking Alpha

Molycorp (MCP -7.8%) shares are punished after the company warns of higher production costs in...

Molycorp (MCP -7.8%) shares are punished after the company warns of higher production costs in the current quarter and says it can't provide a specific forecast. "One of the things we have learned in 2011 is not to predict what prices of rare earth will do because [2011] was a roller coaster," CEO&nbs... Smith says. J.P. Morgan cuts its price target to $27 from $39.
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