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Friday, August 10, 2012
Investopedia: Can Alpha Natural Resources Find The Bottom?
It's been a pretty miserable summer for coal companies, as low natural
gas prices and sluggish steel production have eviscerated prices for
both thermal and metallurgical coal. As a debt-heavy company with major
exposure to the very much out-of-favor Appalachia region, Alpha Natural Resources (NYSE:ANR)
has seen its stock take an absolute pounding. Although valuation
suggests extreme pessimism, investors cannot afford not to consider the
risk that conditions could get even worse.
Please click here to continue:
http://stocks.investopedia.
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