MP Materials Corp (MP)

[handsdo]

Tomorrow’s presentation - https://investors.mpmaterials.com/events-and-presentations/default.aspx

[idccwin]

I have to think MP is as safe of a stock to buy and hold as any. The materials are needed and the ceiling is sky high.

[barnstormer]

As a follow on, the presentation on Mad Money was impressive. Also, Cramer did a presentation on SPAC's he liked, and MP was at the top of the list and a favorite of his. Granted, the jump was just for a day, but could bode favorably long term.

[handsdo]

Why MP Materials Stock Jumped as Much as 15% Today
By: Motley Fool | February 24, 2021

• MP Materials has a great story and investors seem to like to hear the company tell it. Here's why that was important today.

What happened
Shares of rare earth metals miner MP Materials (NYSE:MP) jumped as much as 15% today, with a big share increase coming at roughly 10 a.m. EST. The relatively young company, which came public via a blank check company (formally known as a special purpose acquisition company) in late 2020, is a play on a very interesting theme right now. Although nothing material changed about the story here today, the company did get to talk about it.

So what
Rare earth metals are used in high-tech products, notably the batteries that help make electric vehicles possible. However, the vast majority of these materials come out of Asia, mostly China. China has reportedly discussed the imposition of export restrictions, presumably as a trade bargaining tool, which could be a disaster for non-Chinese companies.

MP Materials is one of the few non-Chinese options for companies to acquire rare earth metals. So it is a play on two separate and high-profile issues today -- rare earth metals/electric vehicles and trade with China. On top of that, the company is in the process of expanding its business so that it can provide a broader and more comprehensive replacement to Chinese rare earth supplies. So there's even internal growth potential here, as well. All in, there really is a lot to like about the story MP Materials has to tell, and investors tend to like stories.

But today it looks like the telling of that story is the really big issue. The company presented at an industry conference today and will be featured on Mad Money, a popular business television show, later in the day. Events like these, particularly an appearance on a national television show, often draw investors into a stock. So it isn't surprising that MP Materials jumped on the conference presentation and the news of its television appearance.

Now what
Although the story behind MP Materials is quite compelling, it is important to consider that the stock has risen roughly 180% in about three months. That's a huge price increase in a very short period of time. Moreover, the gain today appears to be driven by publicity more than any major change in the story. So one might be tempted to suggest that investors are extremely enthusiastic right now, perhaps even exuberant. That's not a bad thing, but it looks like a lot of good news has been priced into the stock at this point. Long-term investors should keep that in mind when they consider the appeal of MP Materials' stock.


https://www.fool.com/investing/2021/02/24/why-mp-materials-stock-jumped-as-much-as-15-today/

[handsdo]

There investor presentation shows the timeline. Hopefully, it is on track.

https://investors.mpmaterials.com/overview/default.aspx

[idccwin]

I haven’t seen any information on this but it’s what I’m hoping for. The US needs to become independent

[mdb1]

China May Ban Rare Earth Tech Exports on Security Concerns
Bloomberg News

February 19, 2021, 3:10 AM MST Updated on February 20, 2021, 12:56 AM MST

[mdb1]

i think this could go to $200+ in a couple of years. Rare Earths should be BIG right?????

[mdb1]

Do you know when MP will process their own concentrates instead of sending them to China? Didn't MP say 2021 is the year they would be doing this?

[Zilidium]

Shenghe Resources is currently MP's principle source of revenues and is the sole buyer of MP’s rare earth concentrate, which they send to China for processing.
This will not end well...

https://qz.com/1971108/chinese-rare-earths-giant-shenghe-is-building-global-alliances/?utm_source=YPL

[edzon]

https://www.msn.com/en-us/money/other/china-may-ban-rare-earth-tech-exports-on-security-concerns/ar-BB1dPqxS?ocid=msedgntp

[Porterhouse10]

Boom!

[idccwin]

We should be at a much higher SP, waiting on a huge run.

[Street Smart]

The leader of this sector in the US. Thats big right now

[edzon]

https://www.rt.com/business/515674-china-rare-earths-ban-us/

[edzon]

MP is about to explode??


https://www.rt.com/business/515674-china-rare-earths-ban-us/

[Pisd]

https://www.themarketsdaily.com/2021/02/16/mp-materials-corp-nysemp-short-interest-down-22-7-in-january.html

[Porterhouse10]

Boom!

[Zilidium]

Yes, an American company indeed. However, the military's concern should be heeded.

[idccwin]

The CEO of MP was interviewed by Cramer he called it an American company in competition with the Chinese.

[Zilidium]

The U.S. Department of Defense awarded funding in late April to MP for a facility to process heavy rare earths. However, that decision was put on hold pending "further research," according to the Pentagon because MP Materials is almost one-tenth owned by a Chinese company, Shenghe Resources...

..anyone have an update to this? I'm waiting to dip my big toe in but PRC's 8% ownership is concerning.

[idccwin]

I wouldn’t be surprised to see someone try to buy this company. It seems like a no brainer to me. For someone like Tesla it’s chump change.

[pire]

So now with General Motors planning on being Carbon neutral by 2040, the battery power issue is really going to be stronger than ever. Now if I could still be alive in 2040 at 88, I should be able to retire then. LOL

[pire]

MP is rated an 8 out of 10 on the buy chart. Rare Earth Materials now only coming from this one location is the US will send this up even farther in a matter of time. I drive by this mining facility every time I go to Las Vegas and there is a lot going on when I drive by. Seems to be a lot of stock piling happening. We shall see.

[pire]

Yes that is so true.

[idccwin]

Biden wants to have the U. S. An independent producer of all products. Well having the rare earth elements to produce batteries in our country instead of China is good place to start.

[pire]

There will be those that try to bring MP down to jump into buying lower priced shares. All one has to do, is just think about where the Battery Sector is going these days. From better batteries in cell phones and for automobiles. Not only better, but more of them will be produced. At some point, there will be a drop in battery station. Instead of paying for gas or waiting for the battery to be charged, just pull in and attendant with exchange the battery for one that is fully charged and away we go.
Think ahead in time.

[Pisd]

Lynas news today good for sector imo.. MP$...

[Porterhouse10]

Deadnsyde!

[twister1]

hahahaha....
let's hit 40 first.
cheers

[twister1]

hahahaha.... hammertime
nice day so far
cheers

[Eagleize]

Magnets are highly needed and more needed in hydrogen vehicles. Think bout that y’all.
This is a $1000 stock.

[Pisd]

WOW!, so lucky..now up $5 since yesterday, climbing.. MP$...

[Pisd]

Back in Molycorp $28.40.. MP$...

[twister1]

one day they are going to be digging that hole and........
cha-ching --- the mother lode of product
hahahaha
cheers

[Porterhouse10]

Yep

[Pisd]

Got Fortress run..missed $30-$40..now great pullback opportunity..$28ish MP$...

[Porterhouse10]

Hitting off that $30 mark pretty hard!

[Porterhouse10]

It needed it

[fursurething]

Iv been waiting for a day like this! People just giving shares away. Grabbed a huge chunk in the 29s.

[Porterhouse10]

Stocks go way up like $MP, and they go down, be there! This is a Monster, it did not falter $30 too much but held it, bought $30.55 today!

[pire]

Personally with where the need of Battery Power that is now being used, MP is sitting pretty and most any price one can get in. I see MP in 2021 hitting somewhere near $50+ a share. Battery power used for most things now days. As the demand for battery power continues to climb, so will the manufacturing and mining of items needed to produce batteries. And, now with Apple claiming they are into a battery operated car, who knows where this goes. At some point, auto manufactures will figure out how to make a drop in battery so it's like stopping at the local gas station for gas. Just charged for the recharging of the battery being dropped in. As quick as pumping gas at the pump and no need to wait hours for recharging time.
A friend of mine used to go tent camping. But had to quit as he needs to use a CPAP machine. But with the battery pack that is on the market now, he can once again go tent camping and plug the CPAP machine in the battery pack. Even the new administration coming into office has stated "the are into clean energy" and that should lead to the call for higher battery wants and needs. GO MP!

[stocks4poppop]

down like 20% in 2 trading days?

thoughts

future looks bright or dark and cloudy?

[Norton1973]

I have MP, I just found out arec rare earth, EV battery stock ringing NASDAQ bell today.

https://finance.yahoo.com/news/american-resources-corporation-ring-nasdaq-133000342.html

[RodgeDodger]

Options are up 500%. With that said this company only has access to the lower end rare earths not the rare earths that are a national defense priority.

[KILLAZILLA]

Anyone know anything about medallion?

[fursurething]

Added some more on the dip today. Gonna do the same on Monday! This one's gonna be huge in 2021!

[Porterhouse10]

Have a 26.26 avg, will average in higher, but not here at these prices, this is a will be a Monster play, just need some more in the low 30's, has, not sure if that will happen, but on the Bid

[pire]

Not me! I'm hoping for a higher push. Flippers seem to be in the mix now.

[Porterhouse10]

Hoping for a nice pullback