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Select coal stocks are on the move following a bullish note from Goldman Sachs, which predicts...

Select coal stocks are on the move following a bullish note from Goldman Sachs, which predicts 10% Y/Y gains in demand for thermal coal as a result of less coal-to-gas switching; the higher forecast reflects an improved outlook for natural gas prices and normalized storage. ANR +3.8%, ACI +3.1%, CNX +2.7%, BTU +0.9%, CLD +0.2%.
Comments (8)
  • bajadoc
    , contributor
    Comments (59) | Send Message
     
    Long as Obama and his EPA cronies are in office, coal outlook is blacker than bleak.
    5 Apr 2013, 12:19 PM Reply Like
  • vireoman
    , contributor
    Comments (877) | Send Message
     
    Don't you mean to say, as long as coal continues to kill so many that mine it, continues to destroy mountains and streams, continues to kill tens of thousands of humans every year with mercury poisoning and particulate matter, continues to darken the skies of cities like Beijing, and continues to be the primary cause of global-warming and the consequent extreme and destructive weather events? Why, the nerve of that darn Obama and those enviro-whackjobs at the EPA!
    5 Apr 2013, 03:04 PM Reply Like
  • Sirvasq
    , contributor
    Comments (295) | Send Message
     
    When the outlook is blacker than bleak the BUY sign is flashing. I like $ACI as extremely oversold and ready to rise.
    5 Apr 2013, 12:38 PM Reply Like
  • chuck lewis
    , contributor
    Comments (341) | Send Message
     
    nothing can help BTU, not even Goldman Sachs. If Obama recommended Peabody with an "outperform" and "overweight" stock would drop. Management earns no respect. Completely complacent.
    5 Apr 2013, 01:57 PM Reply Like
  • IgnisFatuus
    , contributor
    Comments (2115) | Send Message
     
    BTU continues to mystify me. I can't help but think there are other mining companies out there (BHP specifically) looking at BTU as a potential take over.
    6 Apr 2013, 08:07 AM Reply Like
  • chuck lewis
    , contributor
    Comments (341) | Send Message
     
    Could not agree more. a Wilbur Ross type vulture, said with respect, could make Peabody back into a stockholder friendly outfit by gaining the respect the present management has lost. BTU has decades of reserves, assets worth three times present stock price.
    6 Apr 2013, 11:46 AM Reply Like
  • moseslarsen
    , contributor
    Comments (379) | Send Message
     
    I hope you are all right as I am in ACI and BTU. Takeovers/shake-ups would be great. Extremely oversold? Maybe. Oversold? Definitely. That's why I bought. Moses
    6 Apr 2013, 12:31 PM Reply Like
  • jsIRA
    , contributor
    Comments (2436) | Send Message
     
    Bought ACI at 4.91 last week. Stock is very cheap at this level.
    7 Apr 2013, 03:33 AM Reply Like
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