Use Options For a Chance To Buy MCP at a 53% Discount
February 14, 2014 at 12:11 PM EST
Looking back to 121 days ago, Molycorp (MCP) priced a 45,000,000 share secondary stock offering at $5.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Friday, the stock is now 7.2% above the offering price..