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wigit5

wigit5
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  • 'Sell In May And Go Away' Arrives Early In 2014 [View article]
    lol ralph nader
    Apr 19 09:37 AM | 1 Like Like |Link to Comment
  • Going Over Alpha Natural Resources [View article]
    I would say as close to $4 is good but its not a good coal market, if your buying your not buying based on ukraine or european issues...
    Apr 15 06:15 PM | Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    whats to love? they have to idle more assets since the market is so bad... nothing good about that other then management doesn't have their heads in the sand...
    Apr 15 05:28 PM | 1 Like Like |Link to Comment
  • Frozen is far from done racking up cash for Disney [View news story]
    Went and saw this in theaters last week great flick
    Apr 14 11:44 AM | 1 Like Like |Link to Comment
  • Going Over Walter Energy [View article]
    Patriot was formed from Arch and Peabody assets neither wanted.
    Apr 14 08:41 AM | 3 Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    Almost forgot about Mark Anthony... poor guy hope hes survived.
    Apr 13 04:16 PM | 3 Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    yup BHP has many segments outside of coal.
    Apr 13 04:15 PM | Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    Well if energy is your game I would say oil is the place to be... Most pay dividends, I'm in $COP and $SDRL, I'm still long $ANR but at a hefty loss. I expect it to survive and maybe see double digits again someday but its a long term project for me. I trade as often as I can sell calls and puts to collect premiums... really the only way to make money in coal at this point.

    Solar is interesting as I think some of those names will make money I'm just not sure which and how to disect them properly yet. Nat Gas I think is in a conundrum its so plentiful and cheap no one is making money on it yet (in the US).

    If your gonna invest in coal stick to the diversified... WLT is to met reliant and that probably will be disastrous as the met prices continue to see downward pressure with little to no relief in sight.
    Apr 13 12:43 PM | Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    bailout2009,
    do you really want to invest in an industry whose best hope for growth is a major natural disaster lol
    Apr 13 09:42 AM | Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    Volumes get fixed; prices are usually tied to benchmarks and/or negotiated the month benchmarks come out.
    Apr 13 09:40 AM | Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    Agree with blueice,
    both countries are already well into their decline of matured nations... there could be some bounce if they ever deal with their corruption and piracy issues, but I doubt we'll see the meteoric growth of the last 5-10 years.
    Apr 13 09:39 AM | 1 Like Like |Link to Comment
  • Going Over Walter Energy [View article]
    wil,
    Nope PCI coal is barely keeping pace with steam coal (less than $70)... recheck your sources 143 for premium in Q1 and 120 in Q2 is accurate.

    Keep in mind these are just benchmarks.
    Apr 13 09:36 AM | Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    yeah average price of coal in a good market is $190+ for met we won't likely see that for at least a year maybe 2.
    Apr 12 09:49 PM | Likes Like |Link to Comment
  • Going Over Walter Energy [View article]
    If the piles of coal aren't' housed or covered they will get rained on, this lowers the BTU of the coal due to moisture absorption this will degrade the quality of steel if not accounted for... furthermore if it gets saturated with heavy rains it'll turn in to soupy sludge which isn't usable until dried and inevitably you lose some coal permanently to it due to it seeping away with the rain.
    Apr 12 09:48 PM | 1 Like Like |Link to Comment
  • Going Over Walter Energy [View article]
    The peaks of the last decade won't be seen in coal no country can ever match the growth China showed so we can rule that out pretty much altogether.
    Apr 12 08:58 PM | Likes Like |Link to Comment
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