MP Systems Corp. (formerly Molycorp) Message Board

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Gold/Mining/Energy : MP Systems Corp. (formerly Molycorp)

MCP 30,550

-6.9%

Nov 5 4:00 PM EST

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To: sense who wrote (26)	2/25/2013 10:16:54 PM
From: feedmindanaochildren	Read Replies (1) of 111

I would much rather see the CEO buying a 15% stake in the company for sure....as it shows tremendous confidence in it's own company. There was such a situation in GLW in 2002 when the stock was at $1.00 after collapsing from a high of $100 in 2000. The CEO bought 1,000,000 shares at $1 in 2002 and by 2006 the stock was almost $30 (which ended up being the high since then). I am still confused as to why the cash and accounts receivable equal the long term debt plus accounts payable and yet their debt is lowered to CCC+. I used to be able to pick up the phone and call my New York research department when I had a question like this but can't do that anymore. :(

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