now, something like 2008 but nearly as bad, but a selloff of the general market because of the deflation trend going on now, and US fiscal cliff/sequestering cuts/debt ceiling, debates, (even though really, all that will demand more QE money printing, not less) then MAT will be caught in the cross hairs of all that and go back down to 15 cents or so for a short time. The same way that gold/commodities were dragged down by the 2008 crash though with the expected QE money printing to save the banks and system, they should have held their own then. But they did rebound nicely didn't they, and so will MAT.
Curiously when QE2 started in Nov 2010, the gold/commodity stocks sold off. When QE3 started sept or so 2012 they sold off again. And with the deflation threat and debates on austerity cuts, now, they are falling some more, even though it will all end up in more QE money printing to so call save the system, and rallying greatly.
Other than that I agree with you that MAT's outlook as a rare earth company with large future income, is great.