There are 2 rules to being the CEO of any listed company, rule number one "Get The Stock Price Up " and rule number 2 "NEVER FOGET RULE NUMBER ONE " . "Kip just doesn't seem like an exciting guy. " If he wants to stay CEO he had better start real soon . I agree about the future being brighter with a possible M/A hopes.
Good For You . BTW A person on a message board should do their own Due Diligence .Be careful of poster's on a message board .That includes me .
If you watch them or not doesn't make any difference a lot of folk's do . They can move the market .I believe in facts that come from the companies I follow so if they are talking either positive or negatively about said company I will listen to them and draw my own conclusion's .GL
I'll take your word for that . I'm more interested in Who was the seller/buyers of all those share's. NOR volume was 10 x the resent daily vol . My guess is that most of the shares came from the M/M inventory ? Since there was no follow thur and Nor wasn't able to hold the high of the day that the bottom has not be made ? imo
Buy Vol. 543,216
Sell Vol 1,451,829
? Vol. 222,374
Yes there were a ton of 100 shares trades . NOR is still trying to find a bottom .I was thinking that we may have seen capitulation this session ? But who really knows for sure ?
Noranda Aluminum Holding Corp. Receives New Coverage from Analysts at Sidoti (NOR)
Posted by Alphonse Anthony on Sep 17th, 2013 // No Comments
Noranda Aluminum Holding Corp. logoEquities research analysts at Sidoti assumed coverage on shares of Noranda Aluminum Holding Corp. (NYSE:NOR) in a research note issued to investors on Tuesday, American Banking and Market News reports. The firm set a “buy” rating on the stock.
Shares of Noranda Aluminum Holding Corp. (NYSE:NOR) traded up 0.39% during mid-day trading on Tuesday, hitting $2.58. 95,483 shares of the company’s stock traded hands. Noranda Aluminum Holding Corp. has a 52-week low of $2.54 and a 52-week high of $7.85. The stock’s 50-day moving average is $2.94 and its 200-day moving average is $3.65. The company’s market cap is $175.5 million.
Noranda Aluminum Holding Corp. (NYSE:NOR) last released its earnings data on Wednesday, July 24th. The company reported ($0.16) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.14) by $0.02. The company had revenue of $352.00 million for the quarter, compared to the consensus estimate of $340.08 million. During the same quarter last year, the company posted $0.11 earnings per share. Noranda Aluminum Holding Corp.’s revenue was down 5.3% compared to the same quarter last year. Analysts expect that Noranda Aluminum Holding Corp. will post $-0.57 EPS for the current fiscal year.
NOR has been the subject of a number of other recent research reports. Analysts at Merrill Lynch downgraded shares of Noranda Aluminum Holding Corp. (NYSE:NOR) to an “underperform” rating in a research note to investors on Friday, August 16th. Separately, analysts at Bank of America Corp. downgraded shares of Noranda Aluminum Holding Corp. (NYSE:NOR) from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, August 16th. Finally, analysts at UBS AG downgraded shares of Noranda Aluminum Holding Corp. (NYSE:NOR) from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, July 25th. They now have a $3.50 price target on the stock, down previously from $4.25.
Four analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. Noranda Aluminum Holding Corp. has a consensus rating of “Hold” and a consensus target price of $4.39.
Noranda Aluminum Holding Corporation (NYSE:NOR) is a North American integrated producer of aluminum products and rolled aluminum coils.
So far it looks like an up day in the A.M. ? But it is still too early to call ?
Change in Directors or Principal Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Magnum Hunter Resources Corporation (the "Company") is filing this Current Report on Form 8-K to report that Fred J. Smith, Jr. has ceased to serve as Senior Vice President and Chief Accounting Officer and as an employee of the Company effective September 9, 2013.
As previously announced, the Company appointed Joseph C. Daches as its new Senior Vice President and Chief Financial Officer effective July 22, 2013. Mr. Daches has now assumed the additional responsibilities of Chief Accounting Officer of the Company at this time. As part of the Company's internal control remediation plan, as previously disclosed in the Company's public filings with the Securities and Exchange Commission, Mr. Daches is continuing to evaluate all of the Company's accounting and financial reporting personnel and each individual's job responsibilities and qualifications. The goal is to further enhance the staffing of the Company's accounting department with qualified employees and outside consultants where needed, who have the knowledge, training and experience necessary to support the Company's overall internal audit and control environment.