What improvements would you like in Yahoo! Finance Message Boards? Please send us feedback.
Message Boards Settings Alpha Natural Resources, Inc. - Quote Info
Re: love anr but shorting at 36.50      5-Nov-09 09:53 am    
Two things to watch closely when shorting this stock right now: 1) it is trading 13x next year's earnings against a current PE of around 20 - pps will close the gap. 2) this stock is a poster child for following Bollinger Band activities. It just pierced the lower band prior to earnings and is on it's way towards the mean and with momentum will carry it to the uppper band, if not expand the upper and "walk it up" to new highs. The time to short this stock is when it pierces the upper band, the worst time to short is now. Check out it's last year of history, it is pretty clear how the stock acts within the bands.

Good luck. Going long (Jan35 calls) until it bangs it's head through the upper band a time or two, then will go short (puts).


Sentiment : Buy
Rating :
 (No ratings)
Rate it:
awful/not related to \pooraveragegoodexcellent

updown9191


View Messages

Ignore User

Report Abuse

< Previous Message |   Next Message >
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Messages in Topic

Minimum rating: What's this?
  Subject Author Rating Time of Post (ET)  
 
not much. will rebuy in the 20's
leonspins (1 Rating) 3-Nov-09 10:54 am  
 
this stock is not for you short, get out rom here.
jiuraj (1 Rating) 3-Nov-09 04:39 pm  
 
Re: love anr but shorting at 36.50
updown9191 Not rated 5-Nov-09 09:53 am  
View: Simple | Summary | Expanded
As: Threaded | Msg List
Page 1 of about 1   First | < Prev | Next > | Last

Alpha Natural Resources, Inc. (ANR)

Chart for Alpha Natural Resources, Inc. (ANR)
At 4:00PM ET: 45.26 Down 0.81 (1.76%)
Symbol Lookup