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Molycorp (MCP +4.3%) continues its recent rise after shares are upgraded to Buy from Hold at...

Molycorp (MCP +4.3%) continues its recent rise after shares are upgraded to Buy from Hold at Gabelli, which cites the recent financing to provide liquidity through H1 2013 and hitting milestones to get Phase 1 production online on time and on budget. Although rare earth prices remain weak, the firm says much of the risk already is reflected in the share price.
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Comments (4)
  • Ashraf Eassa
    , contributor
    Comments (9034) | Send Message
     
    Pump and dump, folks. Move along...
    29 Aug 2012, 09:43 AM Reply Like
  • tedS
    , contributor
    Comments (38) | Send Message
     
    You pump and others dump, and the share price keeps bumping along --more down than up.
    29 Aug 2012, 11:34 AM Reply Like
  • chanthirani
    , contributor
    Comments (466) | Send Message
     
    Not so sure about that. There's been a lot of insider purchases of the share last week at $10.
    30 Aug 2012, 12:36 AM Reply Like
  • uhchao
    , contributor
    Comment (1) | Send Message
     
    M & E Professional Engr. Corporate CEO
    31 Aug 2012, 07:59 AM Reply Like
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