MNeagle
25th October 2010, 12:01 PM
The Most Bubbly Rare Earth Stock Is Going Nuts Today
http://static.businessinsider.com/image/4cc5d10eccd1d54025050000/chart.png
No income? Check.
No revenue? Check.
A few more scare-headlines from China? Check.
That's all it takes for Rare Element Resources shares to be sent surging over 10% today.
Remember, this is the company that's surged over 12-fold this year, thanks to nothing but headlines, and the company's rights to mine in places where there's both gold (a separate bubble that's also having a good day) and rare earth metals.
For a background on the company, see here >
http://www.businessinsider.com/the-most-bubbly-rare-earth-stock-is-going-nuts-today-2010-10#ixzz13OmUko7C
http://static.businessinsider.com/image/4cc5d10eccd1d54025050000/chart.png
No income? Check.
No revenue? Check.
A few more scare-headlines from China? Check.
That's all it takes for Rare Element Resources shares to be sent surging over 10% today.
Remember, this is the company that's surged over 12-fold this year, thanks to nothing but headlines, and the company's rights to mine in places where there's both gold (a separate bubble that's also having a good day) and rare earth metals.
For a background on the company, see here >
http://www.businessinsider.com/the-most-bubbly-rare-earth-stock-is-going-nuts-today-2010-10#ixzz13OmUko7C