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PRIME STOCK NEWSLETTER FOR December 21st, 2010

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Position Statement: In our Prime Recommendation Letter we attempt to identify the recommendation with the highest probability of moving higher.  We recommend that stop orders be placed at the time of purchase,  and once the position has moved profitable we recommend a stop be placed a minimum of $0.375 above the purchase price and moved higher as the position moves higher.

Today's Comments: Oil was higher by $0.77 to $89.37 per barrel, and Gold was higher by $6.90 to $1,386.10 per ounce.



Recommendation: Buy

Molycorp, Inc. 'MCP'

Company: Molycorp., Inc. Symbol: 'MCP'

Closing Price: $39.25

Web: www.molycorp.com

YH: $33.89 YL: $12.10 EPS: ($0.97) P/E: N/A

Shares Outstanding: 82 Million

Forecasted EPS: ($0.31) Market Cap.: $3.7 Billion
Dividend: N/A Yield: N/A Aver. Daily Trading Volume: 3.2 Million  
Price Targets:  $49.32 Downside Stop:  $38.13
Options Rec.: January 40 Calls @ $2.45/contract Options Symbol: MCP A 40
Options Premium Sales Strategy
Options Rec. No Suitable Options Recommendation Options Symbol: N/A
Break Even: N/A Profit Potential: N/A Est. Return: N/A Annualized Ret. (est): N/A

Additional information on Molycorp, Inc. 'MCP' can be found (here)

Company Description: Molycorp, Inc., a development stage company, focuses on the production and sale of rare earth oxides (REOs) from stockpiled feedstocks in the western hemisphere. It operates the Mountain Pass mine, a non-Chinese rare earth deposit. The company was founded in 2008 and is based in Greenwood Village, Colorado.

Chart for Mosaic Company>

Chart updates daily

Recent News: 12/20 BAY STREET-Rare earth plays may not be passing fad at Reuters (Mon, Dec 20)
  12/17 Expert Addresses Rare Earth Element Supply Hysteria at Seeking Alpha (Fri, Dec 17)
  12/15 Molycorp Shares Popped: What You Need to Know at Motley Fool (Wed, Dec 15)

A full list of the news headlines for Molycorp., Inc. 'MCP' can be found (here)

Our Analysis: The shares of Molycorp., Inc. 'MCP' set a new yearly closing high yesterday on heavier than normal trading volume. In the process the shares of 'MCP' completed a "cup pattern" with a measured move to our stated price target of $49.32/share. I see downside support on the shares of 'MCP' @ $38.56/share, and have set my stops accordingly @ $38.13/share.


Stocks Looking Higher

JNPR, AMZN, ARIA, PX, GR, ESRX, MAR, JRCC, VLO, UNFI, BAS, MGM, WFT, MRO, ACI, NWL, MCP, SWK, FST, CIT

Stocks Looking Lower
AXP, RIMM, WMT, BA, BBY, AKAM, DOX

Yesterday's Edition of the Prime Stock Newsletter
The Sterling Investment series of newsletters is produced by Sterling Investment Services, Inc.  If you would like to receive a chart on any index or stock mentioned in this report please contact us at the below mentioned numbers.  We also offer custom research reports on any stock investment that you may desire information on.  To receive further information on these services please visit our web page at:  www.sterlinginvestments.com   If you would like to contact us our # is 800-275-6901,  fax # (404)-816-8830  Email address is: enelson@sterlinginvestments.com  Sterling Investment Services may hold positions in the securities recommended or may be providing consulting services to the companies mentioned within this report.
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