Hold onto ACI shares, don't sell too quickly.
But don't forget JRCC which ultimately will give you a much bigger gain potential.
ACI going from $7.40 to $74 will be a 10 fold gain.
But for JRCC going from $2.30 to $60, is a 26 fold gain!
We are once again reach the time when buying JRCC makes better sense than ACI here.
JRCC is back to $2.30 where I recommended more worth buying than ACI.
ACI is down to $6.82, below $7.40 when I first made the call to switch some ACI to JRCC.
Both are going go much higher. But JRCC has more explosive rally potential, as demosrtated in later October and early November.
Sentiment: Strong Buy
My second call to move from ACI to JRCC was a perfect one. Today ACI is down but JRCC is up 10%+. All coal stocks are bullish, but JRCC has more to gain percentage-wise.
Sentiment: Strong Buy
Did't I tell you so, folks?
On the day I told you so, Aug 22, 2012, ACI was at $7.40 and JRCC was at $2.29.
Today ACI is at $7.95, up a meager 7%. But JRCC is at $5.75, up +151%.
Don't you like +151% gain much better than 7% gain?
But hold to your ACI shares. It will catch up.
Sentiment: Strong Buy
Back on August 7, 2012 I told you guys that JRCC was a better buy at $2.30 than ACI at $7.40, with much larger gain potential.
You laughed at me.
Today ACI managed to go up to $7.79, from $7.40 on Aug. 7. That's up 5.3%.
JRCC went from $2.30 to today at $4.78. The gain is +108% from Aug. 7.
How do you like a +108% gain better than +5.3%. I told you already.
I like ACI here. I think JRCC might get a bit ahead of itself. But I am not willing to sell JRCC.
Sentiment: Strong Buy
On the day I first posted that, Aug. 7, 2012, ACI was at $7.40, and JRCC was at $2.29. I asked people to switch some to JRCC.
Today, JRCC breaks $3.00, and ACI fell back to $7.00. So that was a good call.
It had been a nice call to switch some ACI to JRCC. JRCC is up from $2.29 to now $2.92. ACI unfortunately is down from $7.40 to $6.28. I still like JRCC better than ACI here. JRCC has more room for gains.
Sentiment: Strong Buy
Mark,
Why should we care about a few pennies when you are predicting ACI to be in the $60's in a year?
That was an excellent call. At the time of the call, Aug. 7, 2012, ACI was at $7.40 and JRCC was at $2.29.
Today ACI closed at $7.30, essentially no change. JRCC rallied to $2.97, up 29.7%.
JRCC does look interesting.
All coal stocks will bring huge profits. But JRCC has more to gain percentage-wise.
It came out to be a good call on switching to JRCC.
People have all but forgotten about JRCC. It's way over-sold. There was more than 32M shares of ANR traded on wednesday but barely a blip of 1M shares of JRCC traded on the same day.
You buy when few people even notice the position.
See! Up more than 16% today!
His 'thesis' was EAXCTLY the same last year when he went 'all eggs in one basket' precisely a year ago for thousands of shares (according to him) in PCX at 14.75 and thousands more at 14.xx, on MARGIN no less.
Of course, those shares now trade for less than one cent on the dollar.
Meanwhile LAST August he claimed coal MUST go ballistic immediately going in to winter and he would be a millionaire. Instead he lost all his money and a lot more.
Told you guys to diversify some into JRCC. JRCC holds up pretty well today and may even close in the green.
Down 5% afterhours. You are heck of MF Anthony.
Mark,
I honestly I'm not trying to offend you, but you are an clueless. You say in one post "ACI is going to $64". In the next post "I told you to diversify some ACI to JRCC b/c its going to $95"
No offense bro, but nobody takes anything you say seriously.
Because Mr. Market is simply foolish and lazy.
Mr. Market reponds in knee-jerk actions each Thursday when the natural gas storage is 1 or 2 BCF above or below expectation, blowing things out of porportion either way.
But some how, with billions of dollars at stake, some how none of the big institute bother to send some one to just go watch how big a pile of coal stockpile they have at utilities. Every one wait for the official EIA stockpile data release which is 3 months old. I find it incredible.