Monday, December 04, 2006

ANR- Alpha Natural


Among small cap Basic Materials, ANR – Alpha Natural Recourses is worth a look. ANR provides equity to coal via equity markets. Also, can serve as an alternative play for BTU – the more liquid name in the space.

Manage downside risk with an exit at $15 and be ware of its close ties to commodity related themes.

Stock is attractive at current levels as near-term consolidation continues.

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