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wigit5

wigit5
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  • Don't Expect Another Earnings Surprise From Alpha Natural Resources [View article]
    blake303,

    Not sure how that answers the question what environmental issues affect steam that don't also affect met coals? Are steel plants not targeted for emissions? Do met coal mines not get picketed by environmentalists? Does met coal not release pollution in the making of steel?

    Or is your point that met coal is used less so it flies under the radar of environmental issues?
    Aug 19 01:38 PM | Likes Like |Link to Comment
  • ConocoPhillips: What Would It Do Without North American Shale Growth? [View article]
    Almost all of it though, he only owns a fraction of what he used too... I'm a little concerned but it's not a huge position.
    Aug 19 01:15 PM | Likes Like |Link to Comment
  • Berkshire Ups Their Bet On Chicago Bridge & Iron [View article]
    told ya vik! Trending lower if it continues will close under $60 again, I would assume that means it'll be back into $58 without some heavy buying by weeks end.
    Aug 19 01:14 PM | Likes Like |Link to Comment
  • Commodities Today: A Big Coal Call And BHP Billiton's Spin-Off [View article]
    Agreed on coal, most companies will continue to tread water at these levels until price rebounds are talked about or occurring.
    Aug 19 11:53 AM | Likes Like |Link to Comment
  • Don't Expect Another Earnings Surprise From Alpha Natural Resources [View article]
    blake303,

    Why do you say that? Environmentalist not only fight against the burning of coal but also the opening of new mines on the basis it destroys landscapes/ecosystems in the area.

    Is met coal not burned in the making of steel? Or mined from the ground? Like steam coal?
    Aug 19 11:42 AM | Likes Like |Link to Comment
  • Berkshire Ups Their Bet On Chicago Bridge & Iron [View article]
    Agreed if it drops back to 57s good buying opportunity although I think its still a good buy here and anywhere below $70. Wait until all these proposed LNG facilities begin construction. CBI should be able to obtain some really lucrative deals in those. $80 stock imo if not higher in a year or two.

    Short term it may stink here in the $60s due to PP short attack and lack of management clarity.
    Aug 19 11:27 AM | Likes Like |Link to Comment
  • Don't Expect Another Earnings Surprise From Alpha Natural Resources [View article]
    Yep ANR is heavily weighted steam coal wise towards Eastern which is most definitely a negative as this will be the first steam coal to go away completely. ANR survival is mostly dependent on a Met coal price revival back to the $200/mt price range.

    ACI is more dependent on steam coal prices rising.

    But ask yourself which is the more likely scenario?

    1.Steam coal prices rising in an environment where coal fired plants are in decline and few (if any) new ones are coming on line, Environmentalists suing everyone and entity they can to prevent steam coal energy from going any further.... and the natural gas revolution that is so abundant they are literally throwing it away to keep prices above $3.50 (aka flaring).

    2. Met coal prices rising: facing similar environmental problems as steam coal... however multiple developing nations building infrastructure, and already developed nations with infrastructure systems that are decrepit and failing... Right now though there is a glut of met coal even and the US (ANR/ACI) is disadvantaged due to location (developing nations are mostly in the asian region).
    Aug 19 11:24 AM | Likes Like |Link to Comment
  • Berkshire Ups Their Bet On Chicago Bridge & Iron [View article]
    I wouldn't get too excited just yet... it's done this twice now since it dropped into the 57s only to fall back down. Get excited tomorrow if it hold above $60 today and continues to go up.
    Aug 19 10:08 AM | Likes Like |Link to Comment
  • Don't Expect Another Earnings Surprise From Alpha Natural Resources [View article]
    I think ANR has the better long term story but both are in similar situations at different ends of the sinking ship.

    Met coal will always be needed as long as no new metal is discovered and replaces steel.

    Steam coal will die eventually.... haters can hate but undeniable facts are that technology will never peak and ultimately new forms of energy will develop making coal the red headed stepchild. ***** CAVEAT******* My only caveat to this point is if technology actually makes coal clean... then the greenies can't $hit on it.
    Aug 19 09:12 AM | Likes Like |Link to Comment
  • Starbucks pulling out fall favorite early [View news story]
    Probably it has a cult following with pent up demand for half a year....
    Aug 18 09:48 AM | Likes Like |Link to Comment
  • Berkshire Ups Their Bet On Chicago Bridge & Iron [View article]
    Is this hearsay jj1937, speculation, or was this printed somewhere credible?
    Aug 17 11:38 AM | Likes Like |Link to Comment
  • U.S. imports more coal even as Appalachian mines shut down [View news story]
    Acetylator... you are new here so I understand the misunderstanding. I didn't brag about knowing any particular language. For reference since you don't see to know what I'm talking about here is a link.

    http://bit.ly/1pUurnM

    Funny you live in Germany yet don't know it's history...
    Aug 17 11:23 AM | 1 Like Like |Link to Comment
  • Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q2 2014 Update [View article]
    You aren't making any statements by not investing in those companies... obese people are obese for many reasons including poor decision making skills, medical issues, genetics,... etc. Those companies provide goods that consumers CHOOSE to purchase.

    Personally I love a coke every now and then... it makes me feel good and it tastes delicious. Does that mean I pound 4 liters a day? Of course not.

    Stupidity, laziness, and in some cases genetics/medical issues leads to obesity not investing in companies.
    Aug 17 11:14 AM | 9 Likes Like |Link to Comment
  • Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q2 2014 Update [View article]
    $CBI ripe for a takeover by Berkshire!
    Aug 16 05:45 PM | 3 Likes Like |Link to Comment
  • Don't Expect Another Earnings Surprise From Alpha Natural Resources [View article]
    All depends on what you believe will happen in the market. If met coal recovers ANR will benefit more... if steam coal recovers and not met than ACI probably is the better of the two but in that case BTU will likely be the winner and ARLP
    Aug 16 12:54 PM | Likes Like |Link to Comment
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