Molycorp, Inc. (NYSE:MCP)

CAPS Rating: 2 out of 5

Recs

0
Player Avatar EBStroke (< 20) Submitted: 9/27/2012 2:21:37 AM : Underperform Start Price: $11.68 MCP Score: +7.95

Molycorp, Inc. (NYSE: MCP) has a short interest of 31% and is down 34% over the last three months – For 2Q the company posted a $0.71 EPS loss versus expected $0.53 loss. Investor D.E. Shaw upped his stake by almost 800% in 2Q and insiders have been buying around $10. These insider purchases have instilled some confidence in the company. As well, John Griffin also took a new stock position in the company.

Featured Broker Partners


Advertisement