Electricity depends on coal and will for a long time to come. People you really need to wake up. Do you think power companies are going to let the coal industry dwindle to nothing so the natural gas industry can dominate them? So they manipulate them? So they can monopolize them. Just pretend the world is real and your fears will go away.
So what? It's also up 60% from prices in early summer when ACI was also trading at these prices. It's been up steady for 2 months and it each down day along the way you bears think these coals should tank? The trend has and is up, get a grip.
Actually I have stated my case. And I think its a good one. The fact that you don't believe my thesis is another story. I really don't care if someone agrees with me. I just dislike stupid cheerleading posts - from longs and shorts. And that's what 99% of these are. But they are entertaining. And it reminds me that where there are uninformed people, there is money to be made.
All from a bagholder that is pumping coal to get his losses (money) back from his poor investment strategy. "How to lose money while investing in old technology that is out dated and collapsing."
Guru of the bagholders. No job, no money and no future. The loser from the city of the Browns - worst team in the NFL.......that suits you all the way. Get a job you bum. We are sick of carrying you.
Sentiment: Strong Sell