why has BTU barely moved today when all the other coal stocks are substanially up today? Thank you.
Relax BTU is up $12 ps in the last 4 months, the next leg up will come soon enough.http://www.bloomberg.com/news/2011-01-06/blackrock-s-rice-sees-coal-stocks-doubling-with-oil-topping-100-this-year.html?cmpid=yhoo
That's rigtht buy on this weekness. The coal is wet not gone! Everyone needs it and will need it even more in coming years because OPEC is going to put the screws to us next year. OPEC headed by Iran this year!
their coal in AU are wet can't be burned for several months.