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Re: Sandy601 post# 2995

Tuesday, 09/23/2014 4:57:14 AM

Tuesday, September 23, 2014 4:57:14 AM

Post# of 7522

by Mena Callahan / September 22, 2014
Molycorp Inc (NYSE:MCP) rose 12.21% after Howard Marks’ investment firm Oaktree Capital has filed a 13G with the SEC regarding shares of Molycorp (MCP). Oaktree now owns 9.1% of the company with over 24.47 million shares.

The stock saw temporary pressure during the trade after an amended 13D Filing from Pegasus Partners disclosed that from August 19 to August 21, it sold 3.39M shares of Molycorp at average weighted sales prices for each day ranging from $1.85 to $2.07.
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