Dollar cost averaging, 5 to 10 year time horizon, and patience may manifest some profits for those who are willing to invest. Diversification is also important. Nobody knows which sectors will be making money 5 years from now. In any event, maintaining safe money and cash should be considered important during high market volatility.
Coal has some interesting attributes. One important one is storage is a lot safer than natural gas and fuels. There is not the fear of radiation if one blows up by natural causes or terrorism.
That's one of the reasons that prior to the start of WW1 and WW2 the German Army was strongly opposed to electrification and dieselization of their railroads. German railroads ran up to the end of WW2 and never had a fuel or locomotive shortage until the Russians made off with a lot of their locomotives.
In 1944 in spite of Allied bombing, Germany managed to build 6500 steam locomotives, more poignantly the type 50 and 52 locomotives which were very powerful and efficient.
In the past few years Germany has restored a number of steam locomotives for Tourist trains, like England has done.
I don't know where they stand today, but East Germany was still using steam engines in the 1980's.
Here in America, Iowa Interstate purchased 2 Chinese QJ steam locomotives and run them on steam excursion. Union Pacific is in the process of overhauling and restoring the 4014 Big Boy. will be fun when that big sucker gets back out on high iron.
Not much has changed since our last report. Alaska has more snow now, 85% of the state has snow on the ground now. Russia and Mongolia getting more snow along with Western Canada and North West China.
No further melting on the northern half of Greenland so that massive amount of sea ice from l latitude of 70 degrees and higher on the East coast never melted this year and will not. Also that patch along the east coast around latitude of 65 to 68 degrees will also remain and not melt, which further provides more evidence the North Atlantic in areas that do not have volcanic activity are a lot colder than the warmists figured on.
Massive natural global cooling process discovered:
“As world leaders get ready to head to Paris for the latest pact on cutting CO2 emissions, it has emerged that there isn’t as much urgency about the matter as had been thought,” says Lewis Page.
A team of top-level atmospheric chemistry boffins say they have identified a new process by which vast amounts of volatile organic compounds (VOCs) are emitted into the atmosphere from the sea – a process which was unknown until now (and which climate models do not take into account).“The effect of VOCs in the air is to cool the climate down,” says Page. “Indeed, global temperatures have actually been stable for more than fifteen years, a circumstance which was not predicted by climate models.”In addition to being produced by living organisms such as plants and trees and plankton, the new study shows that a key VOC, isoprene, is also produced in very large amounts at the top of the ocean by the action of sunlight on floating chemicals.“With the discovery of the new abiotic sea process, the idea that cutting carbon emissions may not be all that urgent is looking stronger. That’s probably good news, as it has emerged lately that efforts to cut carbon emissions to date are having the unfortunate side effect of poisoning us all.”
Trader, thanks for your concern but I would never ever put a substantial dollar amount in a pink sheet stock. Not a chance,I do believe their should be a way to make coal cleaner, I'm not saying this is the company that has the the answers for this, only time will tell who does. We live in a very rapid, innovative, technological, digital based society, someone can do this. We also live in a Facebook, amazon and Netflix addicted world,but only time will tell where we'll be in 10 years..
If you were an institution.... why would you vote "YES" for reverse split?
1) Reduce the volatility and hope stock is more attractive to other funds.
2) Keep the pennyland players, HFTs and other short-term speculators out of the game.
3) Easier to buy up the shares in case of PE deal or increasing stake
1) Make it marginable and make it attractive for short selling.
2) Potential dilution and shorting by the bondies who expect a DE deal.
Lol good one! This guy has a few different names, never replies back to us tho. Just a horrible paid basher I guess.
Could be actually, check out Cctc. It's actually has a decent run, difficult to find a lot of information about this company and who knows how real it is. I think if they can trade over a $1 something bug might be in the works. Coal is still very valuable in America, and even more valuable in the emerging markets. American media and negative press haw brainwashed a lot of people. Clean coal technology would be enormous.
Total nonsense. The reason for the split was to remain listed on the NYSE and buy time in hopes that the coal market will turn around before they need to consider more drastic measures.
Hi Cenergy - I monitor this board from time to time but have no position in BTU nor do I anticipate buying one anytime soon. After returning from a marvelous trip out to Mt. Rushmore, the Black Hills, Devil's Tower, Little Big Horn and ironically even the Powder Ridge mining region of Wyoming, I've decided it's much better to not wring my hands over fundamentals we have no control over, which continue to be poor, and instead will monitor the news for evidence that the basics might be improving. I see no evidence of that yet. BTW the open shelf-mining (or whatever they call that) operations in Wyoming were quite impressive.
Short sellers IMO will continue to pressure this stock, and will likely continue reaping profits.
Good luck to you and your endeavors.
with the way things are going, they sure look like they can do that. "clean coal" might be the only way out for these guys, if there's one.
The split was the final blow to permit "them" to walk away legally with our money and enable them to go on to entice a new bunch of suckers to eventually serve them the same #$%$ that was just served to us. BEWARE, you have been warned..
its obvious we will never need coal in our economy the only legitimate use left for coal is coal tar shampoo for the excessive dandruff of yaoesfdsf
Two big blocks traded yesterday making it the highest volume in BTU history.
1) 1.93 M (29 M Shares Pre-split) 10.5% of the float
1) 1.85 M (28 M Shares Pre-split) 10% of the float
The question is who sold and who bought? Did some institution SELL and did shorts COVER or some other institution bought it??
As of June-30th, 2015 these were the top holders. None of them own such a big block, but they could have added in Q3.
BALYASNY ASSET MANAGEMENT LLC
VANGUARD GROUP INC
KOPERNIK GLOBAL INVESTORS, LLC
STATE STREET CORP
STEADFAST CAPITAL MANAGEMENT LP
CAPITAL WORLD INVESTORS
Either way, the BUYER or SELLER or BOTH have to file a 13-D/13-F within 10 days from yesterday. Unless, shorts covered, the buyer has to report as both blocks are 10% or higher as a percentage of the float (18.45 M shares)
Lmao, that's the worst bashing I've ever seen, you can do better than that sport! Epa shutting btu down haha, that's just too funny..weren't you bullish on btu a few months ago? Called it your top pick if I'm not mistaken..
Okay I apologize, delution was the wrong word to use but a 40 percent drop is pretty much in thr cards when companies announce reverse splits. I feel it is now an easier target for shorts to attack. The stock stabilized around the $1.50 area, more of a chance for recovery at those levels and also easier to average down for investors, I get they want to attract more institutions with the higher share price but their is a lot of companies that were in the same position peabody was in and didn't reverse split and they traded back up to the 30's and 40's even 50's. It has to be upsetting having a big position in this and btu not following the rest of commodities. Long term things can still turn as coal will always play a significant role in keeping the lights on, but this is the beginning of a solid run in.commodity stocks, will peabody participate?
why do you say they diluted shareholders? by changing the number of shares, they have not done anything but change the chart scale.
Most commodities were up big today, peabody up a worthless 2 percent, I'm pretty disgusted the way they diluted share holders. Guess Kellow and Boyce weren't intelligent enough to see the stock stabilized and probably was gonna follow the rest of the commodity stock, which would be higher..still have a relatively small.position here, but their is a lot of money to be made else where now.. Dollar was extremely weak today, incompetent management wasn't bright enough to see the bottom in the market, and the dollar rally is.coming to an end. We'll see what happens, but you gotta be disappointed in management's decision to screw us on this one.
Lets see closing price before split $1.38 a share times 15 equal $20.70 a share todays price? Looks to me like shorts are stepping in again and going to drive it down again. Anyway you have lost .21 cents a share presplit. Some ignorant #$%$ wrote a story about BTU going up he guess he didn't know only reason it went up was because of reverse stock split and even then it is down from the split levels already . Where in the world are the editors to this hogwash?