Seeking Alpha

Peabody, Consol on the move as coal tops today's winners

Comments (9)
  • Philip Marlowe
    , contributor
    Comments (920) | Send Message
     
    My best bet on manufacturing recovery in China, is my new favourite -- SB. Sure China will take in more coal and iron ore, but prices will probably remain low because there is a lot of over-production out there.

     

    But someone will have to move all this coal and iron ore to China...
    22 Aug 2013, 01:06 PM Reply Like
  • 6151621
    , contributor
    Comments (1166) | Send Message
     
    Looking at SB price chart...it doesn't exactly look like a safe bet to me. Maybe there are better plays than this one. That's my 2 cents.
    22 Aug 2013, 01:48 PM Reply Like
  • Philip Marlowe
    , contributor
    Comments (920) | Send Message
     
    I have not mastered the art of chart gazing so I like to look at things like finances and future demand and the BDI index ... and all those look good to me.
    22 Aug 2013, 02:16 PM Reply Like
  • Drew Robertson
    , contributor
    Comments (313) | Send Message
     
    Baloney. Rail carloadings of coal spiked last week. Look at the railroads today. China is not the reason.
    22 Aug 2013, 02:03 PM Reply Like
  • 6151621
    , contributor
    Comments (1166) | Send Message
     
    Hi Drew, Do you have the link to this report detailing coal shipments? Thanks.
    23 Aug 2013, 12:50 AM Reply Like
  • Drew Robertson
    , contributor
    Comments (313) | Send Message
     
    Click on Coal http://bit.ly/TnO9sb
    26 Aug 2013, 08:40 AM Reply Like
  • 6151621
    , contributor
    Comments (1166) | Send Message
     
    Thanks Drew this is a great link.
    26 Aug 2013, 12:19 PM Reply Like
  • nemonemo
    , contributor
    Comments (309) | Send Message
     
    And all the new evidence of collapse of NG industry in US. All overestimated shale production/recover-abi... figures.
    22 Aug 2013, 02:12 PM Reply Like
  • bernie 1
    , contributor
    Comments (509) | Send Message
     
    Anybody need a few hundred shares of PUDA COAL ?
    23 Aug 2013, 03:13 PM Reply Like
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