Seeking Alpha

MCP
  Molycorp, Inc. - NYSE

10/21/2014, 7:34 AM ET
  • Perkins Cove | Send Message 24 Oct 2012

    Sell MCP @ 11.18. Gain, including 50% margin, .92%. Thats point 92....lol http://seekingalpha.com/s/8mzr9
    Reply (12)
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    • Perkins Cove | Send Message 24 Oct 2012
      : Exactly! LOL But I'm slowly learning that a constant daily gain is where its at. The big ones are nice, but its the average that counts.
    • Ocean Man | Send Message 24 Oct 2012
      : Yep, and that's why I did that. 75% x 50% = +32%. Most you can lose on the other 25% is 25%, locks in 7% minimum on the trade (in 1 day).
      MCP vs. ETF Alternatives
      Company Description
      Molycorp, Inc., manufactures custom engineered rare earth and rare metal products. The Company's reportable segments include resources chemicals and oxides magnetic materials and alloys and rare metals.