{"id":5711,"date":"2011-02-03T00:10:57","date_gmt":"2011-02-03T04:10:57","guid":{"rendered":"http:\/\/club.ino.com\/trading\/?p=5711"},"modified":"2011-02-02T21:52:09","modified_gmt":"2011-02-03T01:52:09","slug":"rare-earth-update","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2011\/02\/rare-earth-update\/","title":{"rendered":"Rare Earth Update"},"content":{"rendered":"<p><a href=\"http:\/\/club.ino.com\/trading\/wp-content\/uploads\/2010\/07\/iStock_cgpeople_laptopcheer.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-thumbnail wp-image-2404 alignleft\" style=\"margin-left: 5px; margin-right: 5px;\" title=\"iStock_cgpeople_laptopcheer\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2010\/07\/iStock_cgpeople_laptopcheer-150x150.jpg\" alt=\"\" width=\"150\" height=\"150\" \/><\/a>A few days ago we blogged about rare earth being more valuable than gold. If you missed that blog posting on January 27th, you can read it here if you wish.<\/p>\n<p>The stock mentioned in this blog posting was a stock trading on the NYSE named <a href=\"http:\/\/club.ino.com\/members\/scan\/analysis\/?s=NYSE_MCP\" target=\"_self\">MOLYCORP, symbol MCP<\/a>. Since that posting, <a href=\"http:\/\/club.ino.com\/members\/scan\/analysis\/?s=NYSE_MCP\" target=\"_self\">MOLYCORP<\/a> has moved up over 8 dollars in very active trading. In fact, the stock was up over 9% yesterday and up over 18% since we mentioned it to five days ago.<\/p>\n<p>Take a quick look at the chart below and you can compare <a href=\"http:\/\/club.ino.com\/trading\/index.php?s=rare+earth\" target=\"_self\">what we said back on the 27th right here.<\/a><!--more--><\/p>\n<p>I also mentioned that I own this stock personally and I want to be absolutely upfront with everyone on that fact. The market still looks very positive and we are waiting now for our weekly \"Trade Triangles\" to kick in. If and when that happens, I will be adding to my position.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/club.ino.com\/trading\/wp-content\/uploads\/2011\/02\/MCP-graph.png\"><\/a><a href=\"http:\/\/club.ino.com\/trading\/wp-content\/uploads\/2011\/02\/MCP-graph.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-5719\" title=\"MCP-graph\" src=\"\/\/club.ino.com\/trading\/wp-content\/uploads\/2011\/02\/MCP-graph.png\" alt=\"\" width=\"684\" height=\"382\" srcset=\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2011\/02\/MCP-graph.png 684w, https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2011\/02\/MCP-graph-300x167.png 300w\" sizes=\"(max-width: 684px) 100vw, 684px\" \/><\/a><\/p>\n<p>It looks to me that we can see <a href=\"http:\/\/club.ino.com\/members\/scan\/analysis\/?s=NYSE_MCP\" target=\"_self\">MOLYCORP<\/a> trading in the high $60s or low $70s by the end of March.<\/p>\n<p>Always remember there are risks involved in any investment and this is no different. I am moving my stops on <a href=\"http:\/\/club.ino.com\/members\/scan\/analysis\/?s=NYSE_MCP\" target=\"_self\">MOLYCORP <\/a>up to $44.45cents to protect capital.<\/p>\n<p>Every success,<\/p>\n<p><a href=\"http:\/\/club.ino.com\/trading\/about-adam-hewison\/\">Adam Hewison<\/a><\/p>\n<p>President of INO.com Co-founder of MarketClub<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>A few days ago we blogged about rare earth being more valuable than gold. If you missed that blog posting on January 27th, you can read it here if you wish. The stock mentioned in this blog posting was a stock trading on the NYSE named MOLYCORP, symbol MCP. Since that posting, MOLYCORP has moved [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[3638,3647,3637,3648],"class_list":["post-5711","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-mcp","tag-mcp-analysis","tag-molycorp","tag-rare-earth"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rare Earth Update - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2011\/02\/rare-earth-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rare Earth Update - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"A few days ago we blogged about rare earth being more valuable than gold. 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