Is MCP to big to fail? This is per the Seking Alpha article on MCP today.....
"Conclusion
Molycorp has received Board approval for a reverse stock split - as predicted. Molycorp is an event driven stock; the company may or may not survive, and there is money to be made in either scenario. There are more catalysts to the upside - reverse stock split, capital raise, government rescue - than to the downside at this point. That said, it is difficult to count out management who has raised capital in the past, despite long odds. I am long the stock."
