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Gold/Mining/Energy : MP Systems Corp. (formerly Molycorp) -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (28)2/25/2013 10:21:17 PM
From: feedmindanaochildren  Read Replies (1) | Respond to of 111
 
I don't have cash to buy it at this time anyway...and I would definitely not step in front of this falling knife...but I think it is interesting that those two situations (balance sheet and insider transaction) are there. Even if I won the lottery tomorrow and decided to buy MCP I would wait for their 2012 balance sheet to see what has occurred this (last) year that topples the scales. There HAS to be something. But even so...the $90,000,000 that they received from the sale of 15,000,000 shares of stock (although diluting) increases their cash position even that much more.