Commodities have not priced in any type of recovery at all. Wall street only wants one thing more and more QE. Heads, commodities lose and tails commodities lose. Can't stay that way forever, good news should be just that, good news. and that should include stocks like BTU.
In a horrible economy there is no inflation and its inflation that will save the coal stocks. Tell me when we start seeing upticks in inflation and than we'll see the coal stocks turn around. Commodities prices are inflation and demand supply driven.
olivia...you're absolutely right. There are very few commodities that aren't in a bear market. Livestock/pork prices are up because corn has been killed. Miners, doesn't matter what you're mining, are a disaster area.