RE: down down downIsn't it amazing that all the pumpers on this stock have disappeared. They've probably all sold out most of their postion after pumping it up to be the next Microsoft.
The 2 main drags are the fact that management lost some credibility. imo,when they fumbled the ball with respect to compliance issues. Add to this the fact that moly is down very close to where their respective cost base is, and bingo, you have a stock at .15 cents.
There's no big surprise here. Essentially you have to wait until Moly rebounds, which should be shortly.
eh