We have large profits on our shorts on Molycorp $MCP and Rare Earth Elements $RRE . It appears that momentum fever has broken and our thesis is coming true. We expect these stocks to go much lower. However, in view of high short interest in these stocks and bullish market environment, potential of a short squeeze is real. We suggest using a series of tight trailing stops to protect profits while not giving up on profits getting bigger.
Our average short price is $36.35 on MCP and $11.47 on REE.
www.thearorareport.com
THE ARORA REPORT, Ltd.
HOME OF THE UNIQUE ZYX CHANGE METHOD
DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING
VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
Number of losing positions: 10
Average annualized % return per position: 296.77%
………………Check out details .
THE ARORA REPORT, Ltd.
HOME OF THE UNIQUE ZYX CHANGE METHOD
DEDICATED SOLELY TO PROFIT FROM CHANGE BY TRADING AND INVESTING
VERIFIABLE PERFORMANCE RECORD
Every closed trade since 2007, without exception, is included in the performance results.
Number of winning positions: 162
Number of losing positions: 10
Average annualized % return per position: 296.77%
………………Check out details .