schminkie

Reevaluating Coal

globally coal is in short supply: high demand. that would be both metallurgical and thermal coal. in asia many countries are putting high export tariffs on coal to discourage 'in-house' miners from selling abroad where prices are sky high. the shortages of thermal coal in china are nearly desperate now but i see that changing post olympics. by the way how about those swell womens' volley ball togs. anyway coal is booming and despite predicted bric slowdowns it'll continue to do so. but will the revenues and earnings justify high p/e? a great company can still be over valued by the market can't it? or maybe it's a sector swing with money flowing into one and out of another and back again.

Coal Stocks: Where to From Here?

global growth is not dead. rather it is the big story of the 21st century thus far. 'players' in coal iron ore shipping steel etc are expanding and accelerating operations. ore revenues will be calculated retroactively to april first. associated revenues will likely reflect this during this quarter or the next. watching each tremor in the baltic index or the daily machinations of the nyse are good for trading. anr went up then way down then way back into the black all in one day, today. in the long run however, unless you see the building of industry, trade and infrastructure in china and india [3 billion people or so?] plus vietnam, indonesia... are going to flame out soon, hang in with these shares. is that what you think?

what i can gather is that there are complications and misinterpretations among analysts; you know, those guys working for the companies that are crashing with 10s of billions of debt. out and out lying and posturing and pissing contests seem to be pretty typical. meanwhile the heavy players are taking advantage of this growth and of the weak dollar buying companies as fast as my mother at a bergdorf goodman 2 for 1 sale.

i own anr sid rio, for examples, and will buy more on dips holding on through sector swings. watch the naysayers and then look at what's going on via objective sources. fyi. be careful about 'big news scoops' on coal. it is often old news; info i knew months ago.