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13 Basic Materials Short Seller Targets

Published 11/23/2012, 02:06 AM
Updated 07/09/2023, 06:31 AM
BASFN
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NG
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MCP
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WLTGQ
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ALHAP
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CLF
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AKS_old
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ARCH
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KWKAQ
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NG
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FTNMX551030
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MCPIQ
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SD
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MCP
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IMAT
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MHRCQ
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BAS
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NG
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TCM
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LUG
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TC
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FST
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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.

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