$37.44 -1.03 (-2.68%)
12/3/2009 4:01 PM

Alpha Natural Resources, Inc. (ANR)

CAPS Rating: 4 out of 5

The Company and its operating subsidiaries are engaged in the business of extracting, processing and marketing coal from deep and surface mines, located in the Central and Northern Appalachian regions of the United States.

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Member Avatar tatenthinh (35.62) Submitted: 7/30/2008 3:27:53 PM : Underperform Start Price: $103.26 ANR Score: +52.66

This stock is way overvalued. It's good to short it if it goes over $110/share b/c it's only worth about $40-$50/share currently. I would buy it if it goes under $30/share, given that the fundamentals of the company remain the same.

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Member Avatar adprintz (< 20) Submitted: 8/4/2008 2:43:44 PM
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You are long CLF and short ANR. Assuming the merger goes through, you are doing the opposite of what any competent arbitrager would do. Even if the merger does not go through, it appears more likely that MT, who Harbinger appeared to be banking on for a buyout, is more interested in ANR than CLF.

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