Molycorp.Inc. (fka MCPIQ)

[iheartweimers]

I agree. It all makes sense about Morgan Stanley downgrading
and revising their target price to $5. A week later we find they
are managing the sale of $300 million worth of new
equity, since MCP says they need $250 million to get by.
Why the extra $50 million? Looks like $40 million extra is
needed for a "loan" to Morgan Stanley. The $10 million
extra is presumably for lawyers, Chinese take-out, limo
driver tips, private jets, office coffee fund, the usual. And if
they have to re-short the stock at this price today, it makes
perfect sense to make sure it goes to $4 to protect future
profit. And if MCP is driven to file Chapter 11, there are always
other stocks to short.