Coal: What Happens When Bubbles Pop [View article]
My first comment looks unmerited because a post was deleted.
Mark Anthony, the price of a stock such as JRCC is a complete fabrication. Though not short, there's nothing better than seeing that stock lose 33% of its value in days.
Coal: What Happens When Bubbles Pop [View article]
Pachanguero,
As stated in the article, I hold no position in any of the mentioned securities and don't even have a completely bearish outlook on the sector. The article was primarily a recognition of the possible sudden drops when assets of any class - whether commodities or the underlying equities - appreciate tremendously.
It appears as though you have an emotional attachment to the coal stocks (that I'm assuming you're long). Take some blood pressure medication and relax.
Coal: What Happens When Bubbles Pop [View article]
Mark Anthony, the price of a stock such as JRCC is a complete fabrication. Though not short, there's nothing better than seeing that stock lose 33% of its value in days.
Coal: What Happens When Bubbles Pop [View article]
As stated in the article, I hold no position in any of the mentioned securities and don't even have a completely bearish outlook on the sector. The article was primarily a recognition of the possible sudden drops when assets of any class - whether commodities or the underlying equities - appreciate tremendously.
It appears as though you have an emotional attachment to the coal stocks (that I'm assuming you're long). Take some blood pressure medication and relax.