Sun, May 19, 2013, 7:04 PM EDT - U.S. Markets closed
nice block buying, accumulation on WLT breakout and other coal stocks
More China stimulus coming
it is reacting to the WLT rumor of a buyout from BHP.
WLT is in the metallurgical biz, similar to the small tonnage that CLF mines.
nothing more than a knee jerk reaction. WLT rumor not getting any traction, as the rumor is for $55/share which is a HUGE premium over WLT recent price.