Recent

% | $
Quotes you view appear here for quick access.

Peabody Energy Corporation Message Board

  • happyperson_1 happyperson_1 Mar 21, 2014 7:51 AM Flag

    These coal companies need to pay Obama and Hillary more.

    Problem is that money for coal companies is expensive to borrow. They are required to pay much higher rates. Reckon one will just have to stay short.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Good observation on financing, happyperson. Those WLT notes on Wednesday were paying 9.5% on the first lien and 11-12% for the second. Very nice rate for the holders if the company is indeed is good for the debt. This morning a Morgan Stanley analyst reiterated an overweight in WLT with a lowered target of $27 from $33. Wasn't it just yesterday that BofA lowered their WLT price objective from $8 to $2? Mind-boggling here how two analysts can look at the same company and honestly reach such different conclusions. Also a perfect example of why each person needs to do their own homework. My guess is neither Obama nor Hillary will be buying any of the notes...

 
BTU
2.43+0.07(+2.97%)Feb 12 4:00 PMEST