Rare Earth Plays Will Make You Rich - Voice of the People
26 Luglio 2011 - 5:44PM
Zacks
Zacks highlights commentary from People and Picks Member
«inthemoneystocks».
For more Voice of the People, visit http://at.zacks.com/?id=7872
Featured Post
Rare Earth Plays Will Make You Rich
Rare earth stocks are soaring today, led by Molycorp,
Inc. (MCP), trading at $64.47, +4.62 (+7.72%). This
monster move higher is due to three factors. The first is the
continued fear over a Chinese monopoly on rare earth, the second is
due to future demand of rare metals used to create things the world
will need and the final is the fact that rare earth can be looked
at as a safety net like gold in a time when Europe is a mess and
the U.S cannot get a budget passed.
Other stocks like Avalon Rare Metals (AVL) and
Rare Element Res Ltd Ordinary Shares (REE) are
also having significant pops.
The two small cap plays that could be the biggest gainers if
this run in rare earth plays continues is China Shen Zhou
Mining & Resources Inc. (SHZ) and China
GengSheng Minerals, Inc. (CHGS) . Both stocks are trading
near their recent lows with SHZ currently trading at $3.30, down
from a 52 week high of $10.84. CHGS is trading at $1.74, down from
a 52 week high of $6.74.
What makes these small Chinese rare earth plays so attractive is
mainly their current pricing with rare earth prices soaring, and
bullish consolidation on the daily charts. Keep these on high alert
as they may make a move in the near term as MCP soars.
Gareth Soloway
InTheMoneyStocks.com
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com,
a stock-picking website where members of the Zacks community can
test their strategies and share ideas with other members. Each user
is scored on the accuracy of his or her picks, and top users are
rewarded with free products from Zacks. Registration is free. To
learn more about People And Picks, visit
http://at.zacks.com/?id=7870
Follow us on Twitter: http://www.twitter.com/PeopleAndPicks
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc.,
which was formed in 1978 by Leonard Zacks. As a PhD in mathematics
Len knew he could find patterns in stock market data that would
lead to superior investment results. Amongst his many
accomplishments was the formation of his proprietary stock picking
system; the Zacks Rank, which continues to outperform the market by
nearly a 3:1 margin. The best way to unlock the profitable stock
recommendations and market insights of Zacks Investment Research is
through our free daily email newsletter; Profit from the Pros. In
short, it's your steady flow of Profitable ideas GUARANTEED to be
worth your time! Register for your free subscription to Profit From
the Pros by going to http://at.zacks.com/?id=7867.
CHINA GENGSHENG (CHGS): Free Stock Analysis Report
MOLYCORP INC (MCP): Free Stock Analysis Report
Zacks Investment Research
Grafico Azioni China Gengsheng Minerals (CE) (USOTC:CHGS)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni China Gengsheng Minerals (CE) (USOTC:CHGS)
Storico
Da Giu 2023 a Giu 2024