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moly corp

Discussion in 'Business, Careers & Education' started by tesseract, Dec 24, 2010.

  1. tesseract

    tesseract Senior member

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    Everybody here should check out stocks in molycorp ticker mcp. this stock is going crazy since its IPO earlier this year. the stock started at 12 dollars and is at 45 dollars and has rallied 50% this month alone.
     
  2. Don Carlos

    Don Carlos Senior member

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    Everybody here should check out stocks in molycorp ticker mcp. this stock is going crazy since its IPO earlier this year. the stock started at 12 dollars and is at 45 dollars and has rallied 50% this month alone.

    Total hype machine. They aren't expected to be seriously profitable on their new mines for another 10 years.
     
  3. tesseract

    tesseract Senior member

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    what would you expect the time frame for this stock price to come crashing down would be?
     
  4. Don Carlos

    Don Carlos Senior member

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    what would you expect the time frame for this stock price to come crashing down would be?

    End of Q1.
     
  5. Raoul Duke

    Raoul Duke Senior member

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    Confident enough to short it?
     
  6. Don Carlos

    Don Carlos Senior member

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    Confident enough to short it?

    No. But I wouldn't go long, though.
     
  7. jenlain

    jenlain Senior member

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    How is the performance of this stock any different than many other stocks that had a strong run this year? What is the appropriate valuation of this stock? The fact that it went from 12 to 45 in the past has nothing to do with whether it is a good buy.
     
  8. rach2jlc

    rach2jlc Senior member Dubiously Honored

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    Blue Horseshoe loves Anacott Steel!
     
  9. SpooPoker

    SpooPoker Internet Bigtimer and Most Popular Man on Campus Dubiously Honored Affiliate Vendor

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    Blue Horseshoe loves Anacott Steel!

    [​IMG]
     
  10. imageWIS

    imageWIS Senior member

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    Blue Horseshoe loves Anacott Steel!

    [​IMG]

    I would suggest looking into BlueStar airlines as well... hottest thing since Texas Air.
     
  11. tesseract

    tesseract Senior member

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    How is the performance of this stock any different than many other stocks that had a strong run this year? What is the appropriate valuation of this stock? The fact that it went from 12 to 45 in the past has nothing to do with whether it is a good buy.

    I just said check it out, it is doing well. That being said, i wouldn't expect anybody to listen to me about stocks since i know very little about them.
     
  12. jenlain

    jenlain Senior member

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    I just said check it out, it is doing well. That being said, i wouldn't expect anybody to listen to me about stocks since i know very little about them.

    what is this bullshit? are you a troll from purse forum?
     
  13. tesseract

    tesseract Senior member

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    Would just like to point out this stock has been hovering in the mid 70's since my post. What is that a 66% gain in 5 months?
     
  14. sambru

    sambru New Member

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    Blue Horseshoe loves Anacott Steel!
     
  15. yjeezle

    yjeezle Senior member

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    lack of rare earth minerals... bought into this stock after the crisis... ready to cash out soon [​IMG]
     
  16. Davidko19

    Davidko19 Senior member

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    lack of rare earth minerals... bought into this stock after the crisis... ready to cash out soon [​IMG]

    I bought like 9 shares in february, big timer, yes, but might be cashing out soon. Its been a damn good run so far
     
  17. tesseract

    tesseract Senior member

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    I bought like 9 shares in february, big timer, yes, but might be cashing out soon. Its been a damn good run so far

    40 shares at 30 dollars, got out at 71ish. not bad money for a poor college student.
     
  18. yjeezle

    yjeezle Senior member

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    be sure nto to spend all of that in one place... capital gains tax is a b****
     
  19. tesseract

    tesseract Senior member

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    i know it sucks, but i dont plan on spending investment money anytime soon anyway.
     

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