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Coal stocks are posting decent gains in response to a strong Chinese PMI reading. in addition to...
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Monday, December 31, 2012, 2:19 PM ETCoal stocks are posting decent gains in response to a strong Chinese PMI reading. in addition to Cliffs Natural, Peabody Energy (BTU +3.5%), Arch Coal (ACI +3%), Alpha Natural (ANR +4.6%), and Cloud Peak Energy (CLD +3.1%) are also rallying. Many coal stocks have sizable short interests, and many of those shorts have made big profits this year.
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