Thursday, July 25, 2013

Walter Energy Is Worth How Much?

A typical headline such as the above usually signals a stock that has an absurdly high valuation and that is due for a correction. In the case of Walter Energy (NYSE: WLT), the amazing part is how low the market cap has dropped. This stock was a poster child of the commodity boom and has collapsed around 90% in just over two years.

The company is seen as the “pure more »

Disclosure: Long ANR. Please review the disclaimer page for more details. 

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