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First Majestic Silver Has 80% Downside: Kerrisdale's Latest Short Report
Thursday, September 1, 2016 - 9:30am | 466Read More...First Majestic Silver Corp (NYSE: AG), a mining company that focuses on silver production, exploration, and development in Mexico is an "absurdly overvalued", "heavily promoted" stock that has been driven by a "speculative frenzy," according to Kerrisdale Capital....
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Jim Chanos: China Is The 'Gift That Keeps On Giving On The Short Side'
Wednesday, May 4, 2016 - 2:17pm | 204Read More...Notable short-selling investor Jim Chanos of Kynikos Associates discussed why his short thesis on China remains unchanged. "The China story is the gift that keeps on giving on the short side," he continued. "It keeps on morphing as the credit bubble gets bigger, bigger and bigger...
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Asian Stocks Tumble Yet Again, Europe Follows Suit
Wednesday, May 4, 2016 - 7:19am | 231Read More...Asian stocks were mostly lower on Wednesday due to a strengthening of the U.S. dollar and declining oil prices. A stronger U.S. dollar adds pressure to commodity prices, which in turn led to a strong selloff in the commodity heavy Australian market. Australia's ASX index lost 1.47 percent,...
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Shares Of Uranium Resources Under Pressure Despite $12 Million Funding Arrangement
Monday, April 11, 2016 - 10:07am | 327Read More...Shares of Uranium Resources, Inc. (NASDAQ: URRE) were trading lower by nearly 5 percent after Monday's opening bell, erasing its strong pre-market performance when shares were higher by around 9 percent. Uranium Resources announced it has reached a funding arrangement with Aspire Capital...
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57% Of Vetr Top Raters Still Bearish On Steel Dynamics, But Recently Upgraded Shares
Friday, April 8, 2016 - 1:31pm | 139Read More...Commodity stocks remain hotly contested among bulls and bears, and a notable steel stock was upgraded among the Vetr crowd. Vetr top raters upgraded Steel Dynamics, Inc. (NASDAQ: STLD)'s stock rating to 3.5 stars out of a possible five-star rating. In fact, shares of Steel Dynamics have risen to $...
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Silver Wheaton Lower By 5% Amid $500 Million Financing Deal
Thursday, March 31, 2016 - 7:29am | 181Read More...Shares of Silver Wheaton Corp. (NYSE: SLW) were trading lower by more than 5 percent early Thursday morning after the company announced a $500 million bought deal financing. Silver Wheaton has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets to acquire, on a...
