John Paulson Bets THM and KMDA Dip Midday

Today’s midday gainers are Axiall Corp (NYSE:AXLL), NovaGold Resources Inc. (NYSEMKT:NG) and PBF Energy Inc (NYSE:PBF). On the losing end are International Tower Hill Mines Ltd (NYSEMKT:THM), Kamada Ltd (NASDAQ:KMDA) and THL Credit, Inc. (NASDAQ:TCRD).

Price Upgrade Lifts Axiall

The top gainer midday this Thursday is Axiall Corp (NYSE:AXLL), which surged +9.61%. The company’s share price was recently upgraded by Goldman Sachs. The chemical products manufacturer is in the investment portfolios of David Tepper and Farallon Capital Management.

Following Axiall is Seth Klarman and John Paulson holding NovaGold Resources Inc. (NYSEMKT:NG). The explorer of mineral properties increased +8.40% on the heels of positive 2013 fourth quarter and full year results.

PBF Energy Inc (NYSE:PBF), up +7.13%, is another Klarman pick. The petroleum products supplier was given a boost with the purchase of shares by Chairman Malley Thomas.

John Paulson’s Bet International Tower Hill Mines Slips

International Tower Hill Mines Ltd (NYSEMKT:THM) dipped -7.22% midday today as short-term investors cashed in for profits. The gold mining company, a John Paulson bet, is up +116.78% YTD.

Down -6.95%, biopharmaceutical company Kamada Ltd (NASDAQ:KMDA) dipped midday as well. The company has been on the NASDAQ for just ten days and trades on the Tel-Aviv Stock Exchange as well. It is part of John Paulson’s holdings.

Last on today’s list of losers is THL Credit, Inc. (NASDAQ:TCRD), which fell -4.98%. The close-end management investment company missed estimates on its results today. Leon Cooperman has an allocation in TCRD.

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)

About the Author

iBillionaire provides access to the investment data and strategies of the world's most successful self-made billionaires. Mobile app available for iOS and Android. Maker of the iBillionaire Index (IBLN). More at

Be the first to comment on "John Paulson Bets THM and KMDA Dip Midday"

Leave a comment

Your email address will not be published.