TraderMark

Why Don't Earnings Matter Anymore?

Jason, I did not project the 1 year growth rate to "infinity"

I wrote

I like to compare earnings versus growth rates. I use my estimate for the next 3 year growth rate, but what I used below is a 1 year growth rate. So while we hide under the bed about the death of the global economy (ex the USA) we see companies that should be slowing from 30,50,100% type of growth down to 20-30% over the coming years. Those are valued at forward PE ratios of 5.

Following the Cleveland Cliffs / Alpha Natural Resources Deal

Breakings news - explaining the pitiful price action in ANR post announcement

www.fundmymutualfund.c...

As Coal Skyrockets, Analysts Are Late to the Party

Yes I take profits all the time, taking profits on anything in October 2007 was prudent considering the November 2007 correction

Just like taking profits in December 2007 was prudent considering the January 2008 correction

Taking profits doesn't mean close down a position.

Coal is the Next Fertilizer

Thanks Pachanguero; I get a lot of grief on this site since most people have a timeline of 2 hours instead of 2 months. Plus everyone makes perfect trades except for me apparently :)

Maluman you have to do what is best for you. My general advice is to layer in (and out) of positions, buy in pieces. But I would personally not chase huge runs like this - in fact I've been cutting back the past 2 weeks. I'll be buying on the next major pullback.

I like RIO for iron and own it as well. CLF as well.
met coal is just getting started.