nicholas.conger

Shorting Coal on Extraordinary Short-Term Demand

Good article and good Comments. My question to Stephen...if you had used real money on Friday...to short...what was is your price target and over what time frame? e.g., down 10% over 3-months or 20% over 6 months from the highs. Using your thinking (more of a secular decline will be in the works) some of your gain has already been reversed (if you are taking a longer term view) - unless you would have sold before the Friday close (which is what GS and other trend Traders likely did). That said...what is your NEW price target and holdilng period from here? Also, does KOL have options and assuming they do...which contract and expiration would you take?