Harbinger Capital Buys These Stocks in Third Quarter

Wall St. Watchdog reveals information regarding significant increase in shares for Harbinger Capital Management’s holdings on the quarter ending September 30th, 2011. The firm is bullish on these stocks:

  • Huntsman Corporation (NYSE:HUN): On 06/30/2011, Harbinger Capital Management reported holding 0 shares. On 09/30/2011, Harbinger Capital Management reported holding 750,000 shares. The net increase in shares for this position is 750,000. About Company: Huntsman Corporation manufactures differentiated and commodity chemical products. The Company markets a broad range of chemical products and formulations to a diversified group of consumer and industrial customers. Huntsman’s products are used in a range of applications, including those in adhesives, aerospace, automotive, construction products, and consumer products.
  • Forest Oil Corp. (NYSE:FST): On 06/30/2011, Harbinger Capital Management reported holding 0 shares. On 09/30/2011, Harbinger Capital Management reported holding 500,000 shares. The net increase in shares for this position is 500,000. About Company: Forest Oil Corporation is involved in the acquisition, exploration, development, production, and marketing of natural gas and crude oil in North American and international locations. The Company’s principal reserves and producing properties are located in the United States, including Alaska, the Gulf of Mexico, Louisiana, Oklahoma, Texas, and Wyoming, and in Canada.
  • Presidential Life Corp. (NASDAQ:PLFE): On 06/30/2011, Harbinger Capital Management reported holding 0 shares. On 09/30/2011, Harbinger Capital Management reported holding 545,848 shares. The net increase in shares for this position is 545,848. About Company: Presidential Life Corporation sells insurance products. The Company offers individual annuities and individual life insurance products, including whole life, term life, and universal life insurance. Presidential markets its products in the United States.
  • Lone Pine Resources Inc. (NYSE:LPR): On 06/30/2011, Harbinger Capital Management reported holding 0 shares. On 09/30/2011, Harbinger Capital Management reported holding 306,242 shares. The net increase in shares for this position is 306,242. About Company: Lone Pine Resources Inc. is an independent oil and gas exploration, development, and production company. The Company has operations in Canada within the provinces of Alberta, British Columbia, and Quebec and the Northwest Territories.
  • Wd-40 Company (NASDAQ:WDFC): On 06/30/2011, Harbinger Capital Management reported holding 0 shares. On 09/30/2011, Harbinger Capital Management reported holding 300,000 shares. The net increase in shares for this position is 300,000. About Company: WD-40 Company manufactures and markets multi-purpose lubricant products and heavy-duty hand cleaners. The Company’s WD-40 acts as a lubricant, rust preventative, penetrant, cleaner, and moisture displacer. WD-40’s 3-IN-ONE Oil is a drip oil lubricant that allows precise application. The Company also manufactures Lava heavy-duty hand cleaner and other household cleaning products.

(Note: Data regarding Harbinger Capital Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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