Rare Earth Molycorp (MCP) is on the rise again based on the news that Molycorp and Ames Laboratory signed a cooperative research and development agreement on rare earth magnets. Ames Laboratory is part of Department of Energy.
There is also a bullish article in Intertaional Business Times.
Yesterday Molycorp rose when JP Morgan raised their target to $174.00. Morgan’s upgrade appears to be based on curbs on illegal mining of rare earths in China..
We will issue an actionable signal to subscribers of ZYX BUY CHANGE ALERTS and ZYX SHORT SELL CHANGE ALERTS in real time when all six screens of the ZYX Change Method are satisfied.
Other stocks to keep an eye on are REE, AVL, SHZ.
