InTheMoney Stocks
Long

$MCP May Be Getting Ready To Rip Higher

NYSE:MCP   None
116 1 1
Molycorp Inc (NYSE:MCP) is trading at 52 week lows and hated by most investors for its poor performance. While the markets trade near all time highs, this stock has fallen throughout 2014. That may be about to change. Commodity stocks in all sectors have started to catch a big bid. Look at stocks like ConocoPhillips             (NYSE:COP) in the oil             sector or Freeport-McMoRan             Copper             & Gold             Inc. (NYSE:FCX) in the copper             and gold             sector. They are all taking off to the upside. One of the few commodity sectors that has not started to run is rare earth mineral plays. This is the bread and butter for Molycorp Inc. At a current price of $2.55, it is priced at almost bankruptcy levels. This can be looked at as a high risk but also very high reward play. Commodities are hot and likely to get hotter.

Gareth Soloway
Chief Market Strategist
http://www.InTheMoneyStocks.com
Thanks for the chart, hopefully it will show some strength soon

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