I've been doing some bottom picking in MCP lately. Despite the bad news. This stock is down a long way from the heady days a few years ago when China was restricting exports of rare earth metals.
There is even news of China raising quotas now. MCP up today through recent resistance.
And how would a serious trade war with Russia and China affect imports of rare metals?
MCP looks like it could go back to $3 for a start here.
Later at the end of the day:
MCP is looking technically challenging. To say the least.........