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Options Brief: Denison Mines Corp. (DNN)
Friday, November 26, 2010 - 11:57am | 95Shares of Denison Mines Corp. (AMEX: DNN) are higher on the session by 11.90%, trading at $3.29. Call volume is currently running at 2.23x the daily average, with 66% of all calls traded being purchases on the offer. 1,143 contracts have traded on the session so far. Denison Mines Corp. engages in...
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Options Brief: James River Coal Company (JRCC)
Wednesday, November 24, 2010 - 11:45am | 80Shares of James River Coal Company (NASDAQ: JRCC) are higher on the session by 0.41%, trading at $19.81. Overall call volume is now running at 2.50x the daily average, with 2% of all calls traded being purchases on the offer. 4,301 contracts have traded on the session so far. James River Coal...
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Uranium Plays Continue To Explode Higher (URRE, URZ, UEC, STHJF)
Wednesday, November 24, 2010 - 11:21am | 242Here's a quick questions, “What's the best performing metal miner this year, YTD, over the past 6-months, or over the past 3-months?” Perhaps a silver play like Silver Wheaton (NYSE: SLW) may come to mind or a metallurgical coal miner like Cliffs Natural Resources (NYSE: CLF). In both cases you...
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Denison Mines Corp. Jumps Over 8.00% (DNN)
Wednesday, November 24, 2010 - 11:07am | 98Shares of Denison Mines Corp. (AMEX: DNN) are higher on the session by 8.37%, currently trading at $2.72. The stock recently bounced off of support, at $2.50, and looks like it wants to make a run at its 52-week high of $3.09, which was set earlier in the month. Shares are trading well above the...
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Uranium Names Moving (CCJ, URZ)
Wednesday, November 24, 2010 - 10:54am | 67Uranium miners are moving hard today, led by a gain in the largest name of them, Cameco Corporation (NYSE: CCJ). CCJ at last check was up $1.67 to $36.86, a gain of nearly 5%. On the smaller side, shares of Uranerz Energy Corp. (AMEX: URZ) are up 15 cents to $3.72, a gain of just over 4%.
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Three Strategies for Bearish Sentiment & Low IV 11-23-2010
Tuesday, November 23, 2010 - 8:15pm | 897Cusick's Corner This Corner will focus on three strategies appropriate for those who have bearish sentiment and believe that the option implied volatility is low: 1) Buy put. 2) Buy at-the-money bear put spread. 3) Buy in-the-money call calendar spreads. If you buy an at-the-money bear put spread...
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Massey Energy Declares Dividend of 6 Cents
Tuesday, November 23, 2010 - 5:13pm | 46Massey Energy Company (NYSE: MEE) today reported that its Board of Directors, at a regularly scheduled meeting, declared a quarterly dividend in the amount of $0.06 per share to be paid on December 31, 2010 to shareholders of record on December 16, 2010.
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Massey Energy Announces Review of Strategic Alternatives (MEE)
Tuesday, November 23, 2010 - 8:53am | 81Massey Energy (NYSE: MEE) has announced that their Board has put together a Strategic Alternatives Review Committee. Citi writes, "After indicating today's announcement a month ago during their October earnings call and after numerous headlines since about interested parties, this release seems...
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Options Brief: Yanzhou Coal Mining (YZC)
Monday, November 22, 2010 - 1:24pm | 97Shares of Yanzhou Coal Mining Company Limited (NYSE: YZC) are lower on the session by 2.18%, trading at $28.25. Overall put volume is now running at 4.08x the daily average, with 56% of all puts traded being purchases on the offer. 1,569 contracts have traded on the session so far. Yanzhou Coal...
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Benzinga's Top Downgrades (MT, MEE, YGE, SPP)
Monday, November 22, 2010 - 9:36am | 148ArcelorMittal (NYSE: MT) was downgraded by UBS from "buy" to "neutral." MT's shares closed at $34.23 on Friday. ArcelorMittal's 52-week trading range is $26.12-$48.55. Massey Energy Company (NYSE: MEE) was downgraded by FBR Capital from "outperform" to "market perform." MEE's stock closed at $49.01...
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FBR Capital Downgrades MEE To Market Perform
Monday, November 22, 2010 - 8:15am | 53Analysts at FBR Capital downgrade Massey Energy Company (NYSE: MEE) from "outperform" to "market perform." The target price for MEE has been raised from $47 to $55. MEE's shares gained 1.28% to close at $49.01 on Friday. More Analyst Ratings here
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Walter to Buy Canadian Company - Analyst Blog
Friday, November 19, 2010 - 7:33pm | 604U.S. coal miner Walter Energy Inc. (WLT) has proposed to acquire Canada's Western Coal Corp. for CAD$11.50 per share in a cash and stock deal, with an eye to create a coal behemoth tapping the rising demand from Asian Steel-makers. Walter Energy has entered into a purchase agreement to buy...
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Calls Purchased on James River Coal Company (JRCC)
Friday, November 19, 2010 - 3:26pm | 171Shares of James River Coal Company (NASDAQ: JRCC) are higher on the session by 3.01%, currently trading at $19.88. The stock has been moving largely higher over the past six months (Albeit in a volatile fashion) and is currently trading above the 50-day and 200-day moving averages. Options traders...
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Walter to Buy Canadian Company - Analyst Blog
Friday, November 19, 2010 - 2:15pm | 604U.S. coal miner Walter Energy Inc. (WLT) has proposed to acquire Canada's Western Coal Corp. for CAD$11.50 per share in a cash and stock deal, with an eye to create a coal behemoth tapping the rising demand from Asian Steel-makers. Walter Energy has entered into a purchase agreement to buy...
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It's Raining Coal (ICO)
Friday, November 19, 2010 - 1:03pm | 74International Coal Group, Inc. (NYSE: ICO) is up sharply today, gaining more than 7% on heavy volume today. The company has already traded more than 2 million shares, which is the company's average daily volume. This indicates that money is moving into the company. At last check, shares were up 49...