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Molycorp (MCP +0.8%) is initiated with a Neutral rating at Goldman Sachs, which says its...

Molycorp (MCP +0.8%) is initiated with a Neutral rating at Goldman Sachs, which says its positive view on growing leverage to higher-value, downstream products and potential share gains in China is balanced by management uncertainty and execution risk ahead of a big capacity ramp in 2013.
Comments (6)
  • Daveintosa
    , contributor
    Comments (142) | Send Message
     
    Economist Buy SQM! GO PACK GO!!!
    17 Dec 2012, 12:12 PM Reply Like
  • lew69sd
    , contributor
    Comments (50) | Send Message
     
    spam from an idiot.
    17 Dec 2012, 12:42 PM Reply Like
  • lew69sd
    , contributor
    Comments (50) | Send Message
     
    Goldman setting itself up for an eventual upgrade of MCP sometime in 2013. "Potential share gains" is the key comment.
    17 Dec 2012, 12:42 PM Reply Like
  • Salieri
    , contributor
    Comments (76) | Send Message
     
    Its a classic sitting on the fence opinion, we do not dare to upgrade despite the improving fundamentals as we are unsure about the outcome of the SEC or the recent management changes. Analyst are being paid to have a view and a hold and or a neutral recommendation is useless its either a buy or a sell. Especially with MCP which share price is all over the place.. neutral do not make me laugh..
    17 Dec 2012, 01:07 PM Reply Like
  • Nostradavis
    , contributor
    Comments (140) | Send Message
     
    Will probably help to have a ceo chosen to make a buy recco. Wait and see for clarity on their part, makes sense to me.
    18 Dec 2012, 01:33 AM Reply Like
  • Jack Lifton
    , contributor
    Comments (407) | Send Message
     
    The Goldman analysts have a nice view of the world from their climate controlled offices at the foot of Wall Street. They watch data displays created by algorithms on devices the construction of which they do not understand nor have they ever been involved with manufacturing or chemical engineering or end-user marketing. Yet as their voices change over the seasons and hair begins to grow in formerly barren places they pontificate on data generated by talking to each other. One cannot smell roses in a filtered climate controlled atmosphere. However the odor of mendacity does pervade those halls.
    Goldman's Molycorp is not the same as the Molycorp that actual end-users of products enabled by the rare earths see.
    18 Dec 2012, 11:10 AM Reply Like
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