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DownWithPumpers

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DownWithPumpers

Re: Sandy601 post# 2947

Tuesday, 09/09/2014 2:27:36 PM

Tuesday, September 09, 2014 2:27:36 PM

Post# of 7522
100's flying off the shelves---- more painting of the tape

Molycorp is in several indices (like the Russell 2000). As mutual funds/etfs that track the indexes get cash they buy/sell small amounts of all the underlying companies.

It's pretty normal. The trades are virtually cost/commission-free.

It's got nothing to do with the fact that Molycorp has no chance of ever turning a profit and that its shares are essentially worthless.
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