alert I gave 50 people
8/28/2012 7:20:43 AM
squeeze trigger price @ 11.90>will run to 16$ faster than grease lightning
buy @ open weekly 10 -12 calls
1. Insider buys
Ross Bhappu purchased 2,500,000 shares; Ross Bhappu serves as a director of Molycorp.
Mark Smith purchased 50,000 shares; Mr. Smith is Chief Executive Officer, member of the Board of Directors and a shareholder of Molycorp Minerals.
Michael Doolan purchased 25,000 shares; Michael Doolan serves as Executive VP and CFO of the company.
Russell Ball purchased 5,000 shares, Russell Ball serves as a director of the company.
2. GREENWOOD VILLAGE, Colo. (AP) -- Molycorp Inc. said Monday that it has started operations at a new California mine that will become a source of rare earth elements used in applications ranging from hybrid electric vehicles to consumer electronics.
Shares of Molycorp rose more than 5 percent in after-hours trading following the announcement.
Molycorp's Project Phoenix facilities at Mountain Pass, Calif., will produce heavy rare earth concentrate from ore mined at the location. The concentrate will then be processed into rare earth products at Molycorp's global production facilities.
The project features an on-site heat and power plant. This week, that plant is expected to begin producing electrical power and steam for the company's Mountain Pass facilities.
President and CEO Mark A. Smith said the company remains on track to achieve a full first-phase production rate at Mountain Pass in the final three months of this year.
Molycorp's heavy rare earth concentrate contains dysprosium, terbium, europium, and other elements. They can be processed into rare earth oxides, metals, alloys, and magnetic materials used in hybrid vehicles, wind turbines, high-efficiency appliances and motors, and electronics.
Molycorp shares fell 9 cents to close at $9.52 in the regular session. At one point the stock traded at $9.40, a 52-week low. In after-hours trading it shot up 49 cents, or 5.2 percent, to $10.01. Shares traded as high as $58.74 last September.
3.. Date: 08/14/2012
CHART SYMBOL MARKET CAP PRICE CHANGE VOL BLOCK TRADES B/S RATIO NET CASH FLOW
MCP
1.00B $11.79 -3.65% 4.21M 4 30.09
$4.05M
4.
(NEW Daily Data) Short Interest Quote™
Enter Symbol:
Molycorp Incorporated $ 9.52
MCP -0.09
Daily Short Sale Volume - NEW
38.62 %
Short Interest (Aggregate Total) 20,849,000
Days To Cover (Short Interest Ratio) 3.2
Short Percent of Float 28.48 %
Daily Naked Short Selling List - NEW
No
Short Interest - Prior 17,292,800
Short % Increase / Decrease 20.56 %
Short Squeeze Ranking™
% From 52-Wk High ($ 0.00 ) %
% From 52-Wk Low ($ 0.00 ) %
% From 200-Day MA ($ ) %
% From 50-Day MA ($ ) %
Price % Change (52-Week) %
Shares Float 73,200,000
% Owned by Insiders 25.30%
% Owned by Institutions 63.20%
Market Cap. $
Trading Volume - Today
5,139,131
Trading Volume - Average 6,602,000
Trading Volume - Today vs. Average 77.84 %
Earnings Per Share
PE Ratio
Record Date 2012-AugB
5. once it breaks 12$ it will shoot to the moon
super short squeeze on mcp>11.90