Alpha Natural Resources, Inc. (OTCMKTS:ANRZ) Turns Red Again

[[tagnumber 0]][[tagnumber 1]]Earlier this month Alpha Natural Resources, Inc. (OTCMKTS:ANRZ) was delisted from the New York Stock Exchange (NYSE) and began trading in the over the counter marketplace. This resulted in a significant blow for the company stock that has surely cost some investors a lot of money.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]As the ticker fell we also saw a significant increase in volumes as people were trying to get out with smaller losses. Meanwhile, it should be noted that the market cap of the company is extremely low compared to other OTC entities when you take into account the numbers that are contained in [[tagnumber 6]]ANRZ’s[[tagnumber 7]] report for the first quarter of the year.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 11]] [[tagnumber 12]]cash: $476 million[[tagnumber 13]] [[tagnumber 12]]current assets: $1.5 billion[[tagnumber 13]] [[tagnumber 12]]current liabilities: $943 million[[tagnumber 13]] [[tagnumber 12]]quarterly revenues: $841 million[[tagnumber 13]] [[tagnumber 12]]quarterly net income: $68 million[[tagnumber 13]] [[tagnumber 22]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]And still, despite those impressive numbers we see that [[tagnumber 6]]ANRZ[[tagnumber 7]] has recorded only two sessions in the green since it was delisted from the NYSE in the beginning of last week. Since then, the ticker has lost quite a lot of value and the current market cap of the company stock sits at around $4 million.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This comes after a 29.56% loss that [[tagnumber 6]]ANRZ[[tagnumber 7]] recorded yesterday which obliterated the gains the ticker made in the previous session and left the company stock at $0.0529. A total of 9.6 million shares were traded and generated $576 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]We see that [[tagnumber 6]]ANRZ[[tagnumber 7]] has slipped even further today, sitting 9.83% down as of the writing of this article after reaching a low of $0.0431. There are many rumors around the web that [[tagnumber 6]]ANRZ[[tagnumber 7]] might file for bankruptcy in the beginning of this week.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Still, this is the only thing they are  – “rumors” and you should be sure to do your own due diligence before making any investment decisions.[[tagnumber 2]]