13 Basic Materials Short Seller Targets
Contextuall | Nov 23, 2012 02:06AM ET
Recent Performance of the Stocks Mentioned Below:
Average 1-Week Return: 2.31%
Average 1-Month Return: -21.27%
Average 1-Year Return: -52.44%
1. Arch Coal Inc. (ACI). Engages in the production and sale of steam and metallurgical coal from surface and underground mines located throughout the United States As of December 31, 2010, it operated or contracted out the operation of 23 active mines; and owned or controlled approximately 4. Short float at 21.28%. SMA50 at $7.25 vs. SMA200 at $8.34.
2. AK Steel Holding Corporation (AKS). Produces flat-rolled carbon, stainless, and electrical steels, and tubular products primarily in the United States and internationally. Short float at 25.32%. SMA50 at $5.15 vs. SMA200 at $6.18.
3. Alpha Natural Resources, Inc. (ANR). Engages in the production, processing, and sale of coal in the United States. Short float at 20.41%. SMA50 at $7.82 vs. SMA200 at $11.03.
4. Basic Energy Services, Inc. (BAS). Provides a range of well site services to oil and gas drilling and producing companies in the United States. Short float at 13.86%. SMA50 at $11.12 vs. SMA200 at $12.99.
5. Cliffs Natural Resources Inc. (CLF). Produces iron ore pellets, lump and fines iron ore, and metallurgical coal products. Short float at 19.3%. SMA50 at $38.91 vs. SMA200 at $49.51.
6. Forest Oil Corp. (FST). Engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids primarily in North America. Short float at 18.08%. SMA50 at $7.99 vs. SMA200 at $9.28.
7. Quicksilver Resources Inc. (KWK). Engages in the exploration, development, and production of unconventional natural gas onshore in North America. Short float at 24.23%. SMA50 at $3.94 vs. SMA200 at $4.46.
8. Molycorp, Inc. (MCP). Focuses on the production and sale of rare earth oxides from stockpiled feedstocks in the western hemisphere. Short float at 33.23%. SMA50 at $10.53 vs. SMA200 at $19.6.
9. Magnum Hunter Resources Corp. (MHR). Engages in the acquisition, development, and production of oil and natural gas primarily in West Virginia, North Dakota, Texas, and Louisiana. Short float at 21.66%. SMA50 at $4.22 vs. SMA200 at $4.87.
10. NovaGold Resources Inc. (NG). Engages in the exploration and development of mineral properties primarily in North America. Short float at 10.22%. SMA50 at $5.13 vs. SMA200 at $5.89.
11. SandRidge Energy, Inc. (SD). Operates as an independent natural gas and oil company in the United States. Short float at 10.26%. SMA50 at $6.72 vs. SMA200 at $6.96.
12. Thompson Creek Metals Company Inc. (TC). Engages in mining, milling, processing, and marketing molybdenum products in the United States and Canada. Short float at 17.73%. SMA50 at $2.95 vs. SMA200 at $4.36.
13. Walter Energy, Inc. (WLT). Produces and exports metallurgical coal for the steel industry primarily in the United States. Short float at 10.94%. SMA50 at $34.63 vs. SMA200 at $47.02.
Click to Explore Some of Contextuall’s Latest Trading Signals
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.