Basic Material Losers: General Moly (NYSEMKT:GMO), BioFuel Energy Corp. (NASDAQ:BIOF), TGC Industries (NASDAQ:TGE), IKONICS Corporation (NASDAQ:IKNX)

Shares of General Moly, Inc (NYSE:GMO) saw a large increase in short interest in May. As of May 30th, there was short interest totalling 5,340,858 shares, an increase of 0.3% from the May 15th total of 5,327,381 shares, ARN reports. Approximately 7.9% of the shares of the stock are short sold. Based on an average trading volume of 374,247 shares, the short-interest ratio is presently … Continue reading Basic Material Losers: General Moly (NYSEMKT:GMO), BioFuel Energy Corp. (NASDAQ:BIOF), TGC Industries (NASDAQ:TGE), IKONICS Corporation (NASDAQ:IKNX)

Basic Material Losers: Petrobras Argentina (NYSE:PZE), DRDGOLD Ltd. (ADR) (NYSE:DRD), BioFuel Energy Corp. (NASDAQ:BIOF), Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), Abraxas Petroleum Corp. (NASDAQ:AXAS)

DRDGOLD Ltd. (ADR) (NYSE:DRD), produced and sold less gold in the quarter to March after experiencing metallurgical problems at its new floatation and fine grind circuit. DRDGold’s output dropped 14 percent quarter on quarter to 30 126 ounces, it said in a statement on May 14th, 2014. DRDGOLD Ltd. (ADR) (NYSE:DRD) dropped -9.87% to $2.75 yesterday on volume of 239,442 shares. The intra-day range of … Continue reading Basic Material Losers: Petrobras Argentina (NYSE:PZE), DRDGOLD Ltd. (ADR) (NYSE:DRD), BioFuel Energy Corp. (NASDAQ:BIOF), Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), Abraxas Petroleum Corp. (NASDAQ:AXAS)