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More on Molycorp's (MCP) Q4 results: Revenues rose 1.1% Y/Y to $134M vs. $161M analyst...

More on Molycorp's (MCP) Q4 results: Revenues rose 1.1% Y/Y to $134M vs. $161M analyst consensus. Sees H1 financial performance slightly weaker than H2 2012, but expects global supply and demand for rare earth oxides will approach a healthier balance during 2013, and pricing within many key applications of rare earths will be beneficial to both customers and suppliers. MCP +1.8% AH.
Comments (3)
  • dook
    , contributor
    Comments (40) | Send Message
     
    Molycorp suffers from the opacity of its future. No sooner do rare earth prices go up than they go down. The outlook for rare earths is not bad in the macro, but the China factor messes it up. Molycorp is a total crap shoot. Having lost a lot of money on it, I feel a certain degree of qualification for my opinions. Let someone else fool around with it.
    14 Mar 2013, 08:40 PM Reply Like
  • bdy
    , contributor
    Comments (150) | Send Message
     
    I sold some 3 dollar Jan 14 puts for possibility of 14% annualized return and the stock can lose 50% of its value, figured might be a decent risk reward
    15 Mar 2013, 02:22 AM Reply Like
  • WizardSleeve
    , contributor
    Comments (4) | Send Message
     
    Any word on the write off?
    15 Mar 2013, 05:29 AM Reply Like
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