Bearish Shorts Are On The Rise In The Rare-Earth Sector
Posted on June 21st, 2011 by Julian Kirby
NEW YORK — The rare-earth minerals sector is drawing near-record short interest as bearish investors bet against its previously high-flying stocks. The industry, whose minerals are used to help power everything from vacuum cleaners to smartphones, had been a darling of the equities market over the past year. Investors snapped up shares of Molycorp Inc. [...]