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Dr. Fly
Indeud

Basic Resource Shorts Are Under Attack

Dr. Fly Wed May 8, 2013 11:44am EST 6 Comments

The most hated sectors are on fire today, from coal to nuclear to gold. Shares of WLT and CLF are on fire, helping others in the process.

Here are a few names that might follow suit.

JRCC

Beaten down shippers. My fav is FRO.

GG

PVG

ACI

ANR

TCK

BTU

CMC

MTL

X

CLF

I’m against basic materials long term. However, in the short run, some of these hated stocks might squeeze higher.

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6 comments

  1. UglyFlint
    UglyFlint
    May 8, 2013 at 11:54 am

    Ridiculously Oversold. Too many retail shorts. Gonna get crushed.

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  2. Jean-Paul
    Jean-Paul
    May 8, 2013 at 12:06 pm

    You can add IAMGOLD IMG-TO

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  3. Jean-Paul
    Jean-Paul
    May 8, 2013 at 12:07 pm

    Sorry – ad – …

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    • grammar five-O
      grammar five-O
      May 8, 2013 at 12:33 pm

      actually your first spelling is correct

      add is “add to a pile”
      ad is mostly short for advertisement

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  4. Jean-Paul
    Jean-Paul
    May 8, 2013 at 4:09 pm

    Umm right thanks. Anyway, quite a ride for IAMGOLD…

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