Molycorp Lock Up Expiration (MCP)

Traders should be aware that Molycorp's MCP lockup expiration for shares is January 20. Insiders will be able to sell shares of the rare Earth metal company for the first time since going public over the summer. We could see a huge drop in price around that time as insiders look to cash in on the huge runup in shares since the IPO. At last check, shares of MCP wer eup $1.73 to $47.91, a gain of 3.75%.