MCP Molycorp: RARE EARTH CALLING

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	Ginger Gal
	Annandale User since Jul 2010	37
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RARE EARTH CALLING

MCP the main US rare earth is selling at a discount. Buy 42 or below. I It dropped as JPM first pumped it and then reduced guidance. It reports on Nov. 11. Should be up from here by then!

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What People Are Saying...

David Sachdev said at 9/26/11 12:22 PM Price action was $33.09 -2.84 (-7.9%)

Taking a nibble here at 33.20.

Harvey Dentist agreed at 9/26/11 12:31 PM Price action was $33.09 -2.84 (-7.9%)

David Sachdev said at 9/27/11 2:29 PM Price action was $38.46 3.90 (+11.3%)

Apparently Morgan Stanley just reiterated a price target of $90 for MCP.

Ginger Gal said at 9/28/11 12:26 PM Price action was $36.69 -1.17 (-3.1%)

Got in as well. The stock had been overinflated before but should be on track now. It will at least go up to $65.

David Sachdev said at 9/28/11 2:18 PM Price action was $35.08 -2.78 (-7.3%)

Just don't forget - there is never a definite with the stock market!

David Sachdev agreed at 9/28/11 2:27 PM Price action was $35.23 -2.63 (-6.9%)

Ginger Gal said at 9/29/11 6:25 PM Price action was $34.06 -1.22 (-3.5%)

Agree that the target ...$55, or $65 etc. are not definitive. We had quite a crazy session today which is a reminder of the wild swings and gyrations!

David Sachdev said at 10/4/11 10:29 AM Price action was $30.40 0.28 (+0.9%)

MCP has found a new rare earth deposit in California.

David Sachdev said at 10/6/11 9:48 AM Price action was $32.26 0.00 (0.0%)

"MCP getting a lil love from the US Government"