Peabody Energy Corp. Message Board
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Here's the bad news!
1. Market is correcting.
2. China is weak.
3. High coal inventories at utes
4. Cheap coal.
5. ALL commodities selling off.
6. US dollar is strengthening.
7. Cheap natural gas (got cheaper today).
8. Mild weather.
9. Most coal company stocks at or near 52 week lows.
Anybody have any good news???
BTU IS GOING LOWER!! Other coal company stocks too.-
Great news! BTU going lower. Current holders can average down. New holders will make a killing.
- 1 Reply to soldi_reali
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or get killed! Think I read this same message when I got in at $33.
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This is a temporary situation and a temporary sale price on a hugely important company and commodity. Buy low, sell high. Very simple but also difficult to do. Squash your emotions and "just do it".
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Here's some bad news for Patriot, guess we'll find out how much it reverbs thru the industry tomorrow.
http://phx.corporate-ir.net/phoenix.zhtml?c=216060&p=irol-newsArticle&ID=1695765&highlight= -
This is a good read, and encouraging. Peabody is the best coal company and will hold its value. Its a good hold in my opinion.
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