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Walter Energy (WLT) +6.5% premarket after reporting a strong start to the year thanks to higher...

Walter Energy (WLT) +6.5% premarket after reporting a strong start to the year thanks to higher prices for coal used in steelmaking and rising production. A Brean Capital analyst says that while the performance was not surprising, many investors had feared the worst. Coal names are trading higher: JRCC +4.3%, ANR +2.4%, ACI +1.8%, BTU +1.5%, CLF +1.1%.
Comments (4)
  • larry56love
    , contributor
    Comments (28) | Send Message
     
    Will PCX ever give us a clue what is going to happen with our shares? Just a total loss? What will become of the PCXCQ shares, will they continue trading for pennies indefinitely?
    12 Apr 2013, 09:10 AM Reply Like
  • chuck lewis
    , contributor
    Comments (392) | Send Message
     
    sounds like BTU's future. Most frustrating stock in the coal bin.
    12 Apr 2013, 10:02 AM Reply Like
  • starbase
    , contributor
    Comments (9) | Send Message
     
    you know larry i was thinking the exact same thing!!!!!
    13 Apr 2013, 12:10 AM Reply Like
  • XRTrader
    , contributor
    Comments (610) | Send Message
     
    Surprising negative turn in theses names today.

     

    Most of the commodities are oversold and the commodity story seems to be better than the expected worst case scenario.

     

    Still happy to add to the best in business commodity names at these levels for long term cyclical rebound trade.
    12 Apr 2013, 03:25 PM Reply Like
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