No Bankruptcy for Moly. TWENTY-FIVE LOCATIONS IN TEN COUNTRIES. No liquidation. Enough cash-on-hand for carry forward, plus they've got the right people in their corner to get financing when needed. Improved financials will go a long way here. IMO
"MCP has also been one of the most highly shorted stocks on the NYSE. Despite the fact that currently there is no real catalyst for growth, a low trading price can be considered as a positive outlook as the stock is cheaper (in proportion to its earning) than other companies' in the industry."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.