InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,230.00
(
-0.15%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,145.87
(
0.09%
)
Post# of 29408
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 834
Posts 119891
Boards Moderated 17
Alias Born 09/05/2002

DewDiligence

Member Level

Re: DewDiligence post# 5711

Thursday, 06/25/2015 9:15:47 PM

Thursday, June 25, 2015 9:15:47 PM

Post# of 29408
MCP files for bankruptcy:

http://www.wsj.com/articles/SB10907564710791284872504581069270334872848

In 2010, Molycorp—formerly a unit of Chevron Corp. and bought by private-equity firms in 2008 for $80 million—raised $394 million in a public offering. Then, as prices and its stock market value soared, Molycorp overextended itself and took on debt.

#msg-55194118 (from 2010) is still a good read.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up