Alpha Natural Resources (ANR -6.3%) sinks to a five-year low after Moody's lowers its outlook on...

This news story has 10 comments:

Register or Login to rate comments »

maudie Comments (410)
 
From Moody's: citing "a regulatory environment that puts coal at a disadvantage." Hang on til November.
8 May 2012, 03:04 PM Reply Like

what do I know Comments (763)
 
What happened to President's clean coal, liquified coal, etc. programs? No more met coal demands also? So, the whole world does not need coal, gas and has enough oil!
8 May 2012, 03:10 PM Reply Like

Mihal Comments (11)
 
Never say never - don't bet on "permanently" low gas prices:

http://huff.to/IWXT4u

http://bit.ly/IWXT4v

http://bit.ly/IWXTkK
8 May 2012, 03:23 PM Reply Like

Run_by_HR Comments (7)
 
"It is done, coal is dead"

History always repeats itself in this biz. When you hear the moniker "coal is dead" and everyone has sold short ... this would be the time to go long!

Matter of time. Check out NatGas spot and future prices, PRB coal spot prices (over $9 for the first time in a month), the HOT spring already upon us ...
8 May 2012, 03:31 PM Reply Like

vireoman Comments (608)
 
Guess that explains why CLD was up today while so many others were punished so badly.
8 May 2012, 09:46 PM Reply Like

geodan85 Comments (130)
 
The U.S. has the largest coal reserves in the world. It is an abundent dependable cheap energy source that will always be used, look at China and India and their growth in coal consumption. If domestic consumption declines, we will export more (good for BTU), but does anyone real believe coal and natgas prices will stay below production costs indefinitely? I agree with the posts above that these late downgrades to the sector present long term buying opportunities as well as short term trades for those so inclined.
8 May 2012, 03:47 PM Reply Like

det9 Comments (28)
 
The same MOODY's predicted we would have dire first Q1 and we had our best in a decade...What a joke!!! I am long ANR and added on today's dip.....
8 May 2012, 09:04 PM Reply Like

gene carle Comments (8)
 
what about jrcc???
9 May 2012, 12:24 AM Reply Like

aciduzu10 Comment (1)
 
...time to bay!!!and keeping till december!!!!
9 May 2012, 12:57 AM Reply Like

scarter176 Comments (3)
 
You are right on the money. Coal will make a come back when we "clean out" the white house in November! The shale boom is about 18 months long We shall see! I'm buying!
9 May 2012, 03:46 AM Reply Like