I do not believe you know what you're talking about. BTU is an Australian company and I believe they don't give a snot about obummer or epa.
Fossil fuels will be around long after you and I begin the process of deteriorating into the next fossil fuel. Besides BTU just got some cudos and an opinion from an article on increasing BTU's price target and coal business doing well and very much alive & kicking!
Long dated call options out to Jan 2013 that are trading at a discount to fair value....and people are selling into it.....It was like buying puts when the price was 74. The time value on June puts was substanially less than what they were trading at.....Now with the move down by 10 points you basically have made up what you lost if you sat with them for a month or so while the market was moving against you (up)......The bottom line is that this stock is worth more than what it is trading at right now.....Draw a line in the sand and make a committment if you really want to own it........It might take awhile to sort all this nonsense out but when the dust settles you will make money......
I AGREE - Do people not look at fundamentals? This stocks P/E is 18 with a 25 % long term growth rate, giving it a PEG of ONLY .67 - INCREDIBLY cheap. I really believe that people buy and sell stocks not even looking at its earnings and projections. It's ridiculous, this stock should be at 80! Lets open up the clouds and bring in the sunshine!
how on earth do you come up with that statement? Coal is (and will always be in your lifetime) the main source of electricity, steel and so much more. If Obama challenges coal, he's gone. I promise you that. Coal will always be the backbone of our world.
Well, if you live in the real world and not on wind/solar world, you know coal and natural gas will be used. Cheaper energy! Wind solar can only generate at most 2% of electricity. Cars will eventually go to nat gas/ propane etc. Batteries would have to be as large as your air conditioning unit to really matter. I know tech is improving. But then there is the real world where everyone has to get to work. Oh, I'm sorry capitalist have to go to work.