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What makes you think we cold gap up .10 tomorrow? Is this based on the chart? The intraday chart ended very bullish, but I'm not sure we could get a gap up without any good news.
Nice close today. Good surge of volume to push the pps up at close.
Making another move again. We'll see how high it can go this time.
We're moving now! News on it's way, or just more crazy manipulation?
Sounds like a good plan to me. Although, the longer this sits without news, the more nervous I get about the trade part.
I believe I may have already broken my own rule and held too long. We'll see!
That's good to hear the chart is still intact db.
I'm hoping too! Been holding the majority of my shares too long. Not making any money like this! Would love for a run to sell shares and leave my long term shares to prosper down the road!
You can count on one thing for sure though, that wasn't big money that was selling in fear today!
Thanks ahab! But then, even a blind squirrel gets a nut once in a while! :)
There sure is a lot of crap that goes on in the stock market.
I'm betting it closes above .60 easily. If not above .65.
Thanks ahab. I really hate Seeking Alpha. They sure know how to spin things to their liking. They have a lot of readers too, so they can make a difference.
That must have set off some stop losses!
Got a link?
What the hell just happened? I don't see any bad
news out.
I'm not surprised we couldn't hold Friday's gains with no news today.
10 grand is still a sizeable position! Have a great weekend.
Nice! I was in AIG when they were about to fold. I jumped ship, and then later they did a reverse split took off like a rocket! Missed it!
Absolutely agree! I don't want a reverse split either, but there will still be money to be made!
I hope that's the last chance you have to get those .666's! Know what I mean? :)
You know, it almost seems as if they've already settled on doing the reverse split. They could certainly move this above $1.00 with a couple of strategically timed PR's. Starting with the details on the Siemens contract.
Sputtered a little bit this morning, but picking up steam now.
The debt for equity swap I think is the main thing that kept this alive. If the deal works out, and is good for the company, this should move nicely on the news of the details.
Gotcha!
So did you buy back in Blue? That came pretty close to .50. That's where you said you were going to be buying.
The gap at .536 has finally been closed. Can we get a bounce?
No they haven't. I hoped it would have been included in the earnings report.
It's actually slowly coming back up. Earnings actually slightly beat most estimates.
We'll see how it goes when the market opens.
Molycorp (NYSE: MCP) Reports First Quarter 2015 Financial Results
http://finance.yahoo.com/news/molycorp-nyse-mcp-reports-first-110000694.html
The market doesn't like it. Pre-market is dropping!
There are still others reporting the date to be 5/7, so possibly Thursday after market close we'll get the earnings report.
But that is very true, most report the date a week or so in advance in a PR.
Nice article. Good find!
The board approved, but the shareholders still have to vote on it on June 25th.
That's my take too!
This is the hardest part of the day Tuesday thru Thursday. I work 3rd shift, so I have to grab some sleep for a while.
I guarantee if earnings comes out today and it runs tomorrow, I may have to skip the sleeping part!
Aaaah, there you are reyprimero! I was wondering when I would hear from you. A couple others missing today too.
I completely agree. I believe they will show an increase in profit due to the increase in prices for REE's. The last earnings, (Q4) also showed an increase in profits for the same reason.
Would be great to get some guidance on earnings expectation from the Siemens contract also.
We have officially filled that recent gap created on April 24th.
Ameritrade is showing earnings today after market closed, and shows the date as confirmed.
Yahoo is now shoeing today as the report date also.
The reverse split doesn't get voted on by the stockholders until June 25th. So none of this will happen before then.
They could still regain compliancy without any of that.
Exactly! I'm not going to be scared off. I'll hang on to see what's coming in what is probably the very near future!
That's the way I see it. I don't necessarily like the mention of a reverse split, but it sounds like they're just covering themselves in case they can't get the PPS above $1.00 pretty soon and hold it there for 30 days.
I saw that too. If you read further, it states the vote on the reverse split is on June 25th. They have 1 year to perform the reverse split IF needed to regain compliance with the NYSE. That's if the board approves a reverse split.
However, the great part about this is that the company commented that it would be detrimental to the company to allow delisting from the NYSE. To me, that says that they are not planning to do a Chapter 11 to restructure their debt, considering that Chapter 11 would automatically delist them to the OTC.