• blablah
    MCPIQ down- any news?
    2/1/12
    Reply (6)
    • 458402: ya...a Chilean moly processor just purchased 13% of MCPIQ at a 14% premium to the current price....market does not like such a small premium.
      2/1/12
    • vinyal: Theere was a Rare earth meeting today. Something i wonder came out of that
      2/1/12
    • losbronces: The stock was up early when the news of the Molycorp deal was out. What sank it was the JPM take on the deal, imo. Look at the chart.
      2/1/12
    • losbronces: JPM questioned the need for the cash.
      2/1/12
    • Blackjack777: Darn jpm ruined my day. But I get their point. As I recall mcp halted negotiations with some other company for a cash deal ...
      2/1/12
    • Blackjack777: ... with the explanation that they didn't need any more cash. But now they do? I get jpm's concerns.
      2/1/12