Here is a nice comment from Jack Lifton regarding the "MCP insiders buying" in response to an article from Nov 21:

Molycorp: CEO Confidence In Light Of SEC Action? [View article]

...It seems to me that if Mr Smith had sold shares at $6.20 for any reason other than to pay for a life saving surgical intervention for a close relative the market for MCP would have simply gone down the drain. He had therefore just the two choices, do nothing or buy some shares. In fact since he netted more than $10 million on the insider sell out in which Ross Bhappu (On behalf of Resource Capital(?)) netted several hundred million dollars wouldn't a purchase of a million shares by Mr Smith have been a more appropriate and commendable vote of confidence? Mr Bhappu, as I recall bought 2,500,000 shares at $10, recently, so he, Bhappu has already lost $7,500,000.00 since then. If MCP goes to $27 as Byron Capital is projecting then Mr Bhappu stands to make another $40,000,000.00 while Mr Smith would net some $400,000.00. If you are looking for an internal vote of confidence Mr Bhappu has Mr Smith beat by 100 to 1.


If I had made those profits selling high and had confidence in the stock I would reinvest at least 50% (if not 100%) of those profits back into this company. 

When was the last time that the management of GWG made millions of dollars on GWG stock? 

I feel more confortable owning GWG knowing that management is not buying GWG stock than owning MCP with all the "insider" buys....