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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.
what would you expect the time frame for this stock price to come crashing down would be?
Confident enough to short it?
Blue Horseshoe loves Anacott Steel!
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.