Basic Material Losers: BioFuel Energy (NASDAQ:BIOF), Uranerz Energy Corp. (NYSEMKT:URZ), Prospect Global Resources (NASDAQ:PGRX), General Steel Holdings (NYSE:GSI)

Trade-Ideas LLC identified BioFuel Energy Corporation (NASDAQ:BIOF) as a “dead cat bounce” (down big yesterday but up big today) candidate. BioFuel Energy Corp. (NASDAQ:BIOF) shares after opening at $5.82 moved to $6.33 on last trade day and at the end of the day closed at $5.61. Company price to sales ratio in past twelve months was calculated as 0.09 and price to cash ratio as 1.77. BioFuel Energy Corp. (NASDAQ:BIOF) showed a positive weekly performance of 78.66%.

Uranerz Energy Corporation (NYSEMKT:URZ)(U9E.F) has released its financial results for the year ended December 31, 2013 as filed with the United States Securities and Exchange Commission (“SEC”) and in Canada with the Canadian securities administrators (on SEDAR). Uranerz Energy Corp. (NYSEMKT:URZ) shares fell -7.87% in last trading session and ended the day on $1.64. URZ return on equity ratio is recorded as -667.50% and its return on assets is -245.30%. Uranerz Energy Corp. (NYSEMKT:URZ) yearly performance is 45.13%.

Prospect Global Resources Inc. (NASDAQ:PGRX) (“Prospect Global” or the “Company”) is pleased to announce it has signed an agreement that reduces the cash amount needed to extinguish its senior secured debt from $25,000,000 to $15,000,000. Prospect Global Resources Inc (NASDAQ:PGRX) shares moved down -14.71% in last trading session and was closed at $1.16 while trading in range of $1.05 – $1.32 – Prospect Global Resources Inc (NASDAQ:PGRX) year to date (YTD) performance is -33.33%.

General Steel Holdings, Inc. (NYSE:GSI) issued a press release relating to its financial results for its fourth quarter and fiscal year ended December 31, 2013.General Steel Holdings Inc (NYSE:GSI) weekly performance is -5.74%. On last trading day company shares ended up $1.15. General Steel Holdings Inc (NYSE:GSI) distance from 50-day simple moving average (SMA50) is -3.62%. Analysts mean target price for the company is $4.00.