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After plunging 5% early, Joy Global (JOY) completed a startling turnaround, finishing +2.5%...

After plunging 5% early, Joy Global (JOY) completed a startling turnaround, finishing +2.5% after its FQ3 earnings conference call. Coal exports are strong and coal has taken back some power generating market share, indicating U.S. coal has hit bottom, CEO Mike Sutherlin says. The upside is from natural gas prices that are expected to continue moving up.
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Comments (3)
  • montanamark
    , contributor
    Comments (1435) | Send Message
     
    CAT and DE did the same and finished with hammers
    29 Aug 2012, 05:25 PM Reply Like
  • Jefflong369
    , contributor
    Comment (1) | Send Message
     
    Do you think this was a short squeeze and will the stock fall again?

     

    Jeff
    29 Aug 2012, 06:34 PM Reply Like
  • crozz
    , contributor
    Comments (298) | Send Message
     
    How can that be? Really strange ....
    30 Aug 2012, 04:10 AM Reply Like
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