My Question is "Why would you be long these coal stocks?"
The big money is short these stocks. They can afford to play a little wiggle like yesterday and cover a bunch for a profit then short again even if they were to lose 1/2 million because the next day they can take it down and make a few more million. This was a total setup yesterday.
Look at the charts of these coal stocks. They are bumpy hills with a continued trend down. We have not even had a stock market correction. It is coming. How can one expect that these stocks are going to move up other than a trading bounce. They are like the steam engine. New technology changed that need as it has with coal. There will still be coal usage but not to the degree it is used now. One may be wiser to wait to see what companies will be left before you invest in these companies. Do not let wall street take your hard earned money.