11.74 average... been adding in couple hundred lot increments since high 12's. Didn't think it would break 10. --thought the knife had fallen far enough to start averaging in. don't think this is long term structural even if it dips a point or two further. - It is now an "acidental high yielder" which should give it some downside protection.
The price in the US may be depressed for some time due to nat gas busting $2 (it;s lowest level in 10 years) -but there is a worldwide market for coal (check the rising price of shippers)
Im probably in at about $14. I was going to average down today but it looks like I can get $9.50-$9.60 in a day or two. That's the problem for longs everybody waiting for it to go lower with out no support in site.
Bought three times from 14, average about 12.4. May buy again if drop continues. However, its starting to look like we might possibly be bottoming out. Shorts want to keep it down to cover in an orderly fashion at a good price. That may have been going on for the last three days. It may take several more days of todays action for the shorts to back out. After that it could take back off right back up.