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More on the Molycorp (MCP -15%) downgrade: Longtime bull Mike Gambardella "(takes) a more...

More on the Molycorp (MCP -15%) downgrade: Longtime bull Mike Gambardella "(takes) a more cautious stance on the stock," noting the recent decline in rare earth prices and a sharp cut in forecast world demand. However, he still sees China taking steps to reduce supply and restrict production over time.
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  • Long Value
    , contributor
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    you mean the stock crashing because rare earth prices aren't at bubble highs??? I'm sure this is coming as a real shocker to all MCP bulls who really dug in and did their diligence on this company...solid downside precautionary projections Galileo/David White/"The Strategist"
    20 Sep 2011, 10:22 AM Reply Like
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