This is what the Fool has to say:
http://www.fool.com/investing/general/2014/01/02/why-molycorp-incs-shares-popped.aspx
IMHO they are right: the company is losing money and will flood the market.
moly corp up again, page-38
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Last
$6.29 |
Change
0.010(0.16%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.39 | $6.39 | $6.25 | $15.56M | 2.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16021 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.32 | 18021 | 4 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |