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kiy

11/23/13 9:57 PM

#9664 RE: kiy #8121

MCP...Molycorp
Molycorp Multi-Bagger Potential
Down 94% from 2011 high of $79...
IF..., indeed, the turnaround is imminent, and Moly's numbers begin to demonstrate the comeback anticipated in the company's conference call of Nov. 7, that rush to the everyone-back-into-the-pool moment that's characterized Wall Street lately could set off a nasty short squeeze in the stock. With nearly 39 percent of the float sold short, the stock is hated, which also could mean that the rise back up for Moly could be rather fast and long.
And there's nothing like a set-up for a 'dead' stock-heavily shorted, with realistic growth expectations, and better-than-expected top and bottom lines from today's gloomy sentiment-for superior short-term gains. Because of the heavy short position in the stock, Moly could be as explosive as other stocks which have had similar setups.
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Speculation...$5 January Call option is $0.25...this is a very hated stock...risk is big.
Buy the stock now and you get in at a better price than George Soros...
A short squeeze would be an EASY $6...but first target is $5.50...almost a dollar UP from here.