Stocks to Watch Wednesday: MGM Resorts International, Arch Coal Inc, and Molycorp Inc
Daily call volume traded at nearly twice the norm, with roughly 21,000 contracts exchanged -- almost four times the number of ACI puts traded.
The Motley Fool
Exercise Caution With Molycorp Inc for Now
The recent ruling by the World Trade Organization against China and its export restrictions may drive the price of rare earths even lower and hurt rare earth miner Molycorp .
RPT-Rare earth prices to fade as mines up output, China loses dispute
Rare earth elements will drop further in value this year as new mines boost output and after China lost a trade dispute over its export controls, while demand in high-tech products disappoints.