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.
The company is seen as the “pure more »
Disclosure: Long ANR. Please review the disclaimer page for more details.
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