Monday, May 23, 2011

Molycorp Bounces at $56.99; Fills Gap From Thursday, Grinds Higher (MCP)

The Stock is trading down $1.13 (1.90%) at $58.23 with the major indices down 1.2 to 1.7%.
The recent low was $55.82 on the 17th.
This is the first time I've seen anything positive in MCP since the series of posts that began on April 4, all linked-up in May 11ths "Molycorp Reports, Disappoints. Collapses (MCP)":
As foretold by the prophecy.*
[oh brother -ed]...
Let the five-day chart tell the story, via Yahoo Finance:
Chart forMolycorp, Inc. (MCP)