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OldenAtwoody

OldenAtwoody
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  • Insiders Are Buying Molycorp, Should You Too? [View article]
    If I were possibly under investigation for selling my stock off prior to severe questions on under-reported financial problems, I'd probably buy back stock, as well, to establish some plausible deniability that I was complicit in fraud.

    It certainly could appear more favorable to regulators than to not repurchase at all.
    Nov 30 05:25 AM | Likes Like |Link to Comment
  • Molycorp (MCP) has its price target lowered again by JPMorgan, this time to $8.50 as the firm believes additional capital raises will be needed. It was JPM's Mike Gambardella who called out management on this month's earnings call for their inconsistency regarding funding issues and then downgraded the following day (when MCP lost a quarter of its value). Taking a breather from disappearing, shares +1.3% premarket. [View news story]
    I suspect that Mike Gambardella is working a plan on behalf of 'some' investors. After the IPO where he so enthusiastically induced investment, he's taken every opportunity to downgrade the stock.

    I suspect fraud and collusion.
    Aug 21 08:32 AM | 2 Likes Like |Link to Comment
  • J.P. Morgan's Michael Gambardella cuts his price target on Molycorp (MCP -4.6%) to $19.50/share from $23, questioning whether MCP overpaid for its $1.3B acquisition of Neo Material. The analyst sees strategic value to establishing a big base in China, but he thinks the takeover may turn out to be too expensive if the supply chain becomes oversupplied and prices keep falling.  [View news story]
    This is the same retard that cut the rating on September 2011, causing the massive loss of shareholder wealth. I cannot imagine why he has such a hard-on for MCP.
    Jul 9 11:27 AM | 1 Like Like |Link to Comment
  • While downgrading Avalon Rare Metals (AVL), Dahlman Rose's Anthony Young finds two stocks he likes in the rare earth sector: Molycorp (MCP) and Rare Element Resources (REE). The two have the "highest likelihood" of completing projects and generating cash flow in the current environment, he says.  [View news story]
    The two have the "highest likelihood" of completing projects and generating cash flow in the current environment, he says.

    *****

    OMG. There are only two mines on the planet (outside China) shipping product: LYNAS and MCP.

    To lump REE in this category is sheer stupidity or fraud. REE's principals have been involved with numerous 'pump and dump' operations out of Toronto. Due diligence on the part of the savvy investor is imperative.

    Read this:

    http://seekingalpha.co...
    Jul 7 10:10 AM | 1 Like Like |Link to Comment
  • Stans Energy: LT Rare Earth Oxide Prices Don't Support Valuation [View article]
    Kyrgyzstan

    1. Somewhat unstable, politically, and currently ruled by a minor tin-pot dictator.

    2. Please review what transportation infrastructure needs to be accomplished to export ore. This is a very remote, undeveloped area. Rail or road access is most certainly lacking in the capacity required to truly compete globally in this arena.
    Mar 5 06:12 AM | Likes Like |Link to Comment
  • Molycorp: Don't Buy Into The Hype [View article]
    "My argument is that they have no real intention of bringing that mine online"

    You are delusional.
    Jan 24 10:45 AM | Likes Like |Link to Comment
  • Molycorp: Don't Buy Into The Hype [View article]
    All of your responses are “Nyah-nyah-nayh-na-nya... What kind of foolishness is this?
    Jan 24 10:43 AM | Likes Like |Link to Comment
  • Molycorp: Don't Buy Into The Hype [View article]
    "In my strong opinion, Molycorp will never succeed in getting their California mine to produce anything."

    Your very poor analysis is capped by this remark, as you don't know the basic history of the company. There is stockpiled ore, a new pit and exploratory sampling at an adjacent site. Molycorp has already been shipping ore, and refining it. They have two very successful subsidiaries (Europe & USA) that refine ore, and in the case of the Arizona property, manufacture magnets. They have also acquired a Denver facility for future expansion.

    Fully 85% of their production is committed contractually and they have accelerated their new state of the art refining plant at the Mountain Pass site, through contract re-negotiations with the construction prime, Halliburton.

    But then, why am I doing your Due Diligence, you dilettante? You know ‘zero’ about energy-related research and construction, nor the log trains up and downstream from the mine. However, I have 30 years in contracting, construction and in the highly-related oil industry, both service and construction, and I can say unequivocally - you know nothing.

    I won't address any more of your crap. Readers, please be aware that this site is filled with wanna-bee 'analysts" seeking a venue for publication. Merely having space on this site is no guarantee of any professionalism whatsoever, and this childish, ill-constructed review is the best example I've seen at SeekingAlpha of the worst possible writing.

    “Blowhard” and ‘foolish” are the words that spring to mind here.
    Jan 24 10:41 AM | 3 Likes Like |Link to Comment
  • 7 Stocks With Strong Insider Buying [View article]
    "7 Stocks With Strong Insider Buying "

    Is one guy buying 5,000 shares considered 'strong buying'?
    Dec 23 10:14 AM | Likes Like |Link to Comment
  • Pandora Media: Analyzing 3Q Financial Results [View article]
    Nice analysis. This is one I will watch. Thanks.

    FYI - I was introduced to this yesterday by a friend who streams if from his Kindle Fire(!).

    There are several compelling elements here - the 'natural stock price' ($9.89 on 12/22/2011) as opposed ot the IPO at $16; potential ad revenue growth; potential for licensing subsidies from retailers; potential acquisition; i.e. who does not have a music store? Ummm, Google?
    Dec 22 11:15 AM | Likes Like |Link to Comment
  • Diverse Portfolio For 2012: 7 Top Growth Names [View article]
    "Although Molycorp is a processor and not producer..."

    Molycorp ships previously excavated ore, currently excavates from the same open pit mine, and starts test digs tomorrow (22 Dec 2011) on an adjacent field.

    If people 'criticize' you, it is through ignorance. They (MCP) 'had' no processing capacity until they made their two refiner acquisitions in 2011.

    There are only two mines outside China that ship product - LYNAS (Australia) and MCP (Ca, USA). With the US Gov’t contemplating a national rare earth stockpile, I don't think they'll be allowed to purchase any overseas, in order to boost domestic output, and build a national defense capacity (key tenets in DoD regulations).

    Further, consider that ALL the other 'rare earth' plays are 'leases' with no infrastructure, and it would take a minimum of 5 years to open a new mine, in the best of circumstances. Even the most popular, REE, is in my opinion (and easy to Google) a massive pump and dump, run by management with ties to many other similar operations.

    MCP is in an unusual position, one rarely seen in any industry. They are poised for good, solid growth. The major variable is the immediate world economy and usage of rare earths over the next 2 to 10 years. If the economy doesn't dampen RE use, and prices stay profitable, MCP will do very well.
    Dec 21 10:50 AM | Likes Like |Link to Comment
  • 3 New Buys, 2 Sells From Mad Money's Jim Cramer [View article]
    I bought one Cramer pick, and lost big. Watched several others and they suck, too.

    He really loves Teva and Pannera... I can't believe how much he raves about Pannera, what a boat anchor.
    Dec 9 08:20 AM | Likes Like |Link to Comment
  • Molycorp Loses Big Despite Reporting Strong Earnings [View article]
    This drop, and the previous 10 point drop a few weeks ago, are solely due to inappropriate and illogical analyst statements. Fundamentally, the company is one of the best places to be in the market.

    Few investors understand that ‘analysts’ cover many stocks, many industries, and do not have the time or inclination to fully study a company such as a long-term investor might.

    In regards to a specific stock, analysts are usually no more savvy than the average investor, but for the predilection of the masses to hang on every word of their prattle.
    Nov 14 01:06 AM | 3 Likes Like |Link to Comment
  • These Executives Are Telling You To Sell [View article]
    It's like Vegas - when you win, you take some money off the table and put it in your pocket. MCP is one of the best investments I've seen in years, perhaps since the Google IPO.
    Nov 9 02:38 PM | Likes Like |Link to Comment
  • Great Options Plays For These Stocks Reporting Earnings The Week Of November 7 [View article]
    "MCP is a start-up essentially."

    No, it's not. They've has a hole in the ground for 20 - 30 years, and have been shipping ore that was previously excavated. The only 'start-up' about them is the redevelopment of the infrastructure to be modern, green(er) and more efficient. MCP is currently excavating new ore, has accelerated the new plant opening by 3 months, has expansion going at adjacent sites, and has three major acquisitions in refineries and customers for their products. They are 'mine to magnet’ now. Now!

    Side note: HAL, my other fav, is building the new MCP plant. Not cheap, but top quality.

    Outside of China, MCP is the only mine shipping product (the Aussies ship limited amounts as a by-product).

    I don't see MCP as a start-up, at all. And everyone else in the field of RE stocks, even beloved REE, are essentially pump & dump lease companies.

    Lest I seem ungrateful, I do appreciate the analysis - this is very good work on the part of the analyst, Mr. Kevin O'Brien.

    BTW - I'm very long on MCP, and I normally sell covered calls (monthly, near the money) to generate income into an IRA. A dollar a share a month is all I ask. <grin>

    I'm sitting out the pending news to catch the wave today, or tomorrow. Easy money.
    Nov 3 01:09 AM | Likes Like |Link to Comment
COMMENTS STATS
22 Comments
18 Likes