Seeking Alpha
  • pete123
    ANR battening down the hatches...
    11/2/12
    Reply (8)
    • wigit5: They should start trending up as their cost cutting measures start to show in the financials. In sept they announced mine closures and
      11/2/12
    • wigit5: layoffs that will take place from september 2012 through April 2013
      11/2/12
    • wigit5: Assuming the market has bottomed that is....
      11/2/12
    • cfb5006: Listening to the call I think they will be a buy at some point, just not today. I think they drop back down today. Good job with cash ANR.
      11/2/12
    • wigit5: It's not just ANR, the whole coal sector isn't ready to rebound just yet... let the cuts settle, and demand/supply return to balance.
      11/2/12
    • cfb5006: I agree. Though when they are ready it will happen very fast. Tough to call the turning point. Much better earn call this quarter though
      11/2/12
    • wigit5: Agreed this is a good step for ANR I think they'll survive and better down the road
      11/2/12
    • wigit5: ANR waning in the back half of the day...
      11/2/12