Why Heckmann Has Plummeted So Far in 2012
In today's edition of "Talking Stocks," analyst Joel South takes a look at Heckmann to see what has gone wrong so far this year, as the water and wastewater solutions company's stock has fallen more than 50% year to date. After taking such a hard hit, Heckmann could be seen as a trap, but with the new acquisition of Thermo Fluids, this company could be a multibagger for your portfolio. Watch the video below to hear more about what dragged this stock down and whether the future is bright for Heckmann.
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The article Why Heckmann Has Plummeted So Far in 2012 originally appeared on Fool.com.Joel South has no positions in the stocks mentioned above. The Motley Fool owns shares of Heckmann and has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2013 $25.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Chesapeake Energy, and long JAN 2014 $4.00 calls on Heckmann. Motley Fool newsletter services recommend Veolia Environnement (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.