TWO UPGRADES ON MOLYCORP (MCP)

Twitter
LinkedIn
Facebook
This morning, there are two upgrades on Molycorp (MCP) including one from JP Morgan (JPM). Morgan was the underwriter of the secondary and the upgrade was expected. Nonetheless, we will cover  our short position right here around $46.20 and look for opportunities to short at higher prices starting around $47.50 in a manner described in the prior post.

As a caution, we wll not short this stock again until all six screens of the ZYX Change Method are satisfied.

See also  HOTTER INFLATION – MOMO BUYS THE BAD NEWS, JP MORGAN CEO SAYS RECESSION NOT ‘OFF THE TABLE’

Subscribe to 'Generate Wealth'

Free Forever

More To Explore

30 Day Free Trial

Cancel within 30 days and you owe nothing

When you take a FREE 30 day trial, you get access to powerful techniques used by billionaires and hedge funds to grow richer. You can continue to use these powerful techniques to grow richer even if you cancel your subscription. You come out ahead by subscribing no matter how you look at it.

A fortune is to be made from AI stocks.
Get the list of 18 AI stocks to grab your share of the profits — no cost to you.

A fortune is to be made from AI stocks.

Get the list of 18 AI stocks to grab your share of the profits.

AI is a $1 Trillion Market

Making A Fortune
In Artificial Intelligence

Golden Age of Artificial Intelligence