Dennis Gartman turns bullish on coal stocks as natural gas prices rise, expecting to see coal prices "move rather nicely, slowly, gently higher. This is not fast money. This is warm money." Stephen Weiss is skeptical, as much of the switching to nat gas was driven by environmental regulations "because coal can’t become clean enough." Coal stocks get a reality check today after analyst downgrades (I, II).
Dennis Gartman turns bullish on coal stocks as natural gas prices rise, expecting to see coal...
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