I don't trade on Margin
I'm a long term investor
Do you have an longer time horizon ?
ACI is sitting on PLENTY of cash over a $Billion.
Top 5 GLOBAL coal producer.
ACI's high quality low cost Met Coal will hit the balance sheet in Q4
Yep 2013 is gonna be ugly, completely agree. But ACI is NOT going out of business.
Its trading right now BELOW liquidation values.
$1.2 Billion is cash & equivalents equate to what $4.80 a share?
Get long, its gonna be bumpy, UGLY yep, gut wrenching yep.
Fantastic opportunity to buy in at almost liquidation levels.