Alpha Natural Resources, Inc. (OTCMKTS:ANRZ) Bounces After Suspension Crash

Alpha Natural Resources, Inc. (OTCMKTS:ANRZ) ended up in sub-dime land just two sessions after being suspended form the NYSE, but now it seems to be turning things around.

Dropping out if the prestigious NYSE is never good for investor value. As soon as a ticker is de-listed from it, it ends up on the OTC Markets pinksheets, and even if it does not remain there for long the results always become immediately obvious.

ANRZ has been struggling – both with the market, commercially and overall – financially – for some time now. 2014 wasn’t great for its profits, and while it has come a way towards stabilizing since then, it didn’t seem like enough had happened to halt its descent – until now.

So why is the ticker heading up in today’s session? Well, de-listing, even an anticipated one, brings shock to a ticker. However, now ANRZ finds itself on an exchange populated, for the most part, by undeveloped, underdeveloped or fraudulent companies – and it has a distinct advantage, in that it is a working business. So, while it did not seem to make a particularly good NYSE company, ANRZ is, in most respects, above and beyond anything an OTC Markets pinksheets investor is used to.

This is why it is not really surprising to see investors jumping at the chance to acquire ANRZ stock as cheap as $0.09 a pop – while they still can.

Only time will reveal how long this state of developments will last, but one thing is certain – with Coal revenues totaling $726 MILLION, and a net income of $68 million in the last quarter, ANRZ certainly operates on a scale most other companies on the OTC Markets can only dream of.