I see more upside for jrcc, potentially back up to 3.50. should have waited for more of a pullback to the 2.40-2.50 area, but seen ANR, BTU, and WLT all gapping up while JRCC spiked down and figured it was a good buying opportunity, should be back to 2.60 shortly
Well, no offense, but I think his timing is still a lot better than yours based on your stated ACB.
For what it's worth, JRCC held above the 10 and 50 day SMA, and the 10 has crossed up past the 50.
On a related note, BTU held above support at ~2.20 and the 10 day SMA is very close to crossing the 50 day average.
Natgas storage moved closer again this week to moving within the 5 year min/max range and IMO will soon be in it. I think a coal turnaround story is intact.
Weather and economic conditions going forward will be a key factor but at this point I am still bullish.
I wonder if iwonderboy has made a call yet or is he still embroiled in that stupid randy/iwonder show? Well , not really, cause I put him on ignore due to all that noise he makes, but he must surely be watching the charts and general markets. Screw u iwonder, wherever you are.
How r u gonna know about specific orders before the day of the next earnings report? You're not. Might option expiry today have any relevance? That i don't know. It is staying at 50 day. Why do u think it should only be valued at just above $2? Market edge as of a day or two ago rates it as a buy with 2.25 support. Do u not think this should trade better than imminent bk? Do u disagree that management took out tbe uncertainty short and medium term of bk?