Seeking Alpha
  • David White
    Najarian recommending coal stocks on FM. CNX the best of his recommendations. Has 200K acres of Utica oil shale play too.
    12/29/11
    Reply (9)
    • Wyatt Junker: Coal got a beating. Been thinking the same thing. Good call.
      12/29/11
    • Ocean Man: He likes CNX because it's not metallurgic coal. CNX is a weird mix of coal and oil & nat gas, seems to react to whichever is doing worse.
      12/29/11
    • Ocean Man: I'm long BTU, ANR, and WLT w/ some PCXCQ.OB leaps. Hoping for a buyout on WLT and PCX, it's a consolidating industry. Also ARLP, MLP w/ 5% yield.
      12/29/11
    • Wyatt Junker: What about NRP? Did you get hurt on any of the above names?
      12/29/11
    • talbano: om- there was a decent size in side buy at PCXCQ.OB about month ago
      12/29/11
    • Ocean Man: I'm green on ANR and ARLP, slightly red on WLT, and more red on BTU. I made a small gain on CNX earlier this year, and a huge gain on PCXCQ.OB
      12/29/11
    • Ocean Man: buying it on Oct 3rd and riding it from $7.80 to $13. I consider PCXCQ.OB worst of breed in coal, but likely to be bought and a great high-beta
      12/29/11
    • Ocean Man: play when the market is racing up. I don't know anything about NRP.
      12/29/11
    • Hillbilly Stock Star: NRP......previous owner, big coal guys in, currently avoiding coal equities imo, see EPA web-site on coal. No current position.
      12/29/11