User 227003

Coal Stocks: Where to From Here?

Good clear-eyed piece, Jeff. Pachanguero, great add-on comment.

Schminkie, what 'you knew' is probably only what everybody else on this board also already knew. The media is always the last to report what investors, analysts, and insiders knew for months.

Your thesis is correct-- coal will remain the world's fuel of choice for the short term, earnings will shoot up, and the stocks will perform solidly enough for the next year or 2 in this fearful equities environment (but with big, rough daily ups and downs in price). I've been holding and adding on dips for a year. Global growth is undeniably in slowdown mode right now, but the consumerism & standard of living we created & the rest of the world is now copying will see to that.