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Perhaps adding momentum to coal's big upside move in recent days is the heavy short interest in...

Perhaps adding momentum to coal's big upside move in recent days is the heavy short interest in some of the names: Short interest in ACI is 29%, ANR 18%, JRCC 27%, CNX +14%. Since Sept. 5, the day China announced its $156B infrastructure spending plan: ANR +56%, JRCC +38%, TCK +24%, BTU +23%, ACI +22%, YZC +19%, CNX +14%, CLD +14%, BHP +12%.
Comments (3)
  • tell obama and the epa that our greatest energy resourse is coal and they should work on marketing it and liquefying it and not destroying our most precious commodity...
    13 Sep 2012, 05:19 PM Reply Like
  • I believe the conditions in Coal will naturally balance and we will see highers prices as Nat Gas starts climbing. Its inevitable at this point. Coal will Live on... This reminds me of a few years back we had these same set backs only to Rally strong. Better get on the wagon. LONG JRCC, ACI, BTU.
    13 Sep 2012, 06:02 PM Reply Like
  • Long TCK, via Jan'13 short puts.
    17 Sep 2012, 04:53 PM Reply Like
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