|Last Update: 05/21/13 - 4:00 PM EDT|
|YTD Performance: -47.16%|
|Previous Close: $19.78|
|52 Week Range: $16.08 - $53.42|
|Oustanding Shares: 62,571,619|
|Market Cap: 1,237,666,624|
|Qtr (06/13)||Qtr (09/13)||FY (12/13)||FY (12/14)|
|Number of Analysts||12||11||17||17|
|Growth Rate (Year over Year)||-191.86%||-133.52%||-394.72%||169.04%|
A number of insiders have reacted to the market’s pessimism by buying.
The action just keeps chugging higher.
Insider cluster buying can confirm long-term value and be a catalyst for unlocking that value.
There's no use fretting about what a shake-out would do to investors' long-gone faith in the market.
Overall, I am still net long but much less so in the last 48 hours.
WLT looks like it may be poised to move higher.
When it comes to Cliffs Natural Resources, that's hard to come by lately.
If there's a catalyst in tow, that sentiment shift could make for a risk-reward sweet spot.
WLT was upgraded from Hold to Buy, Dahlman Rose said. $48 price target. Company is leveraged to better industry pricing.
WLT was downgraded from Buy to Hold, Deutsche Bank said. Valuation call, based on a $42 price target.