• iadops40
    I'm still scratching my head after GS's upgrade of Peabody Energy Corporation (BTUUQ) to "buy". I will let coal sell of more, then buy ACIIQ
    5/30/12
    Reply (9)
    • iadops40: *sell off more
      5/30/12
    • dwillis: despite all the fear mongering, Coal is here to stay. China in a supercycle. BTUUQ is a great buy here.
      5/30/12
    • iadops40: I agree with demand in China and emerging market countries...but I will let it sell off more before I start a position with BTUUQ or ACIIQ
      5/30/12
    • John Rayhall: Coal is here to stay but at the moment there is no bottom for the stocks. Can't touch them for now.
      5/31/12
    • iadops40: I know what you mean, John, it's just looking very very ugly !
      5/31/12
    • John Rayhall: The whole market is ugly but coal is the worst sector of them all. Rather take my chances on other beaten down stocks I think.
      5/31/12
    • John Rayhall: If you owned ACIIQ the last 10 years you would be down over 30% not good.
      5/31/12
    • iadops40: John, better than being down -80% over the term of the last year lol
      5/31/12
    • John Rayhall: Haha ya this is true. So many stocks are down huge yet the market is still at 1310. Something stinks! Lol
      5/31/12
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