The corrupt hedge funds are still in control then can manipulate the analyst to do what they want, and they wanted downgrades and they got them, so they can save their short positions and push the coal stocks lower today.
Somebody knows something bad is coming.. Well lets see, its no secret China is slowing, Europe is in trouble, global growth is slowing, Coal is being replaced by Nat gas.
Even a blind squirrel finds a nut some times, but this one isn't too hard to figure out. Everybody who is claiming conspiracy theory and market manipulation needs to read the news. Slowing growth takes down all commodities. Coal is getting hit by a double whammy. I don't believe the sky is falling , coal will rebound and I will buy soon, just not yet. Good luck longs.
I tell this POS company is really in trouble. All the gain from yesterday is almost gone, while the rest of the peers are holding on to half or more of their gain from yesterday. What a disappointment this trash has been.