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General Moly: This $1 Steel Rebound Play Is A Top Pick For A January Effect Rally

2013-12-27 01:22:20| Steel - Topix.net

General Moly, Inc. shares have been battered in 2013 for a number of reasons including weak metals prices and production delays, however, the stock appears to have bottomed out now and it could soon act like a "coiled spring" in January, as it rebounds from oversold levels due to the end of tax-loss selling pressure and even short covering.

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