MP Materials Corp (MP)

[jimbo8]

Not only that, there is supposedly no dilution! They are apparently selling treasury stock, or held stock that they reserved as part of the 170 million float. Even if this isn't true, history shows that this company is a winner. Molycorp was never able to raise money enough to compete internationally, so they got bought out by essentially the present officer corp. As a result, they innovated and infused enough to make MP develop/progress to a modern rare earths miner. They anticipated needing more capital when they went public as a SPAC. Therefore, I believe this is planned, and I anticipated temporary hits until they develop as needed. Remember the years of Amazon deficits until just recently. This is a valuable monopoly that is moving from, let's sat a Connecticut Ave. to a Boardwalk. JMHO