I sold the YGE and FCEL I bought last week and put money in my pocket today. Only dumb bagholders hold long positions in these garbage coal stocks. ACI is going down to 2.50s after earnings.
As I said "... of what utilities generate", it was pretty clear.
When a small percentage increases by a great percentage, it is still a small percentage or so my 5th grade mathematics teacher once told me. 80% increase of tiny is still tiny.
2017 it all ends as per the CEO of your solar industry association. It all goes bye-bye. Musk and his 30% gift from our Feds and 30% gift from the Kwai Chang Caines (with disrespect intended for the sex perv).
Gone, gone, gone. Like in the 70s. Can't produce electricity at night to power A/C units across the US, can't power industrial generators at 1 AM in Seattle (for that matter, ever in Seattle, too much cloud cover), kills our endangered migratory birds by the 1,000s in Joshua Tree (care to comment, you have been very silent on that one skippee?).
2017 is the end. Say it with me, 2017 is the end. No more ugly roof top reflectors. Read my other posts on the right way to do solar.
And ... China still sucks at football even with what, 2.5 billion people.
agree 100% ..... if there's a coal issue , why import russian coal ???? and if we are worried about the environment , why do mega casinos in Las Vegas guzzle electricity AND PRECIOUS WATER , just for gambling ??? Google Earth Las Vegas , look at all the swimmimg pools sucking California dry ..... Billagio hotel puts on water shows ...... all of this , in Harry Reid's backyard , and he doesn't say a word ..... They don't give a ratz #$%$ about the environment , they care about MONEY AND POWER and their "friends" in the solar and wind energy world ........ Obama can't have a pipeline because it's "too dangerous" but it's okay for his buddy Warren Buffet to move Oil by Train and blow up everyone along the way !!!!!!
The cazy man in the asylum thinks all the others are insane and he himself is sane. You love this stock so much and are so deeply invested you can't see the truth that it is garbage and just keeps going down.
with publicly owned coal co's. is overexpansion. Bought assets at market peak & heavily
leveraged. I'm amazed at poor decisions by people who should know better. Had they looked
at coal on a global basis they never would have done it. They bought when they should have sold.
These CEO's are greedy & stupid. They wrecked shareholder value but still pulling out fantastic
paychecks Now they are struggling to save co Mgt & bod should be thrown out
The point is that's 4 years for the coal market to improve - so its highly relevant to valuation
those good old days are gone now...coal is dead now!!!!!! Lucky if you can get out at 4 again!!!!! LOL
Your guess is as good as anyones. Most of us 'marathon' investors are concerned with thermal and met spot and future pricing, competing resource pricing (Natty), cost to sell, dig and ship, and long term weather patterns.