Regis is touting stocks now?
Posted: Fri Jun 13, 2014 3:12 pm
Among the stories that show up in my Google Alerts about WWTBAM, this one was unusual. Regis is touting a company that mines rare earth metals.
http://www.businessweek.com/articles/20 ... rth-metals
Maybe you better host another series of prime-time WWTBAM episodes, Reege, to cover that (paper) loss!
http://www.businessweek.com/articles/20 ... rth-metals
Ouch!Among the excited investors: Regis Philbin. The onetime host of the television game show Who Wants To Be A Millionaire promoted Molycorp during an appearance on CNBC last week. He’s been buying the company’s stock for years, often adding more when the price fell.
Perhaps he should’ve phoned a friend. Molycorp’s closing price yesterday was $2.81, down 96 percent from its peak in 2011.
Maybe you better host another series of prime-time WWTBAM episodes, Reege, to cover that (paper) loss!