It is obvious 2 me that in order to increase shareholder value management MUST buy back shares. MER raised their outlook on the stock which will result in a short term adjustment in the stock price. The technicals have improved but will only B good for a trading buy to 12 3/16 today. Those that R long this stock at this juncture may want to take this opportunity to exit the stock. Caveat Emptor.
i hope arch is not chasing cyprus amax. there is not much there. i noticed that c-a cuts it's dividend to 1/4. they blamed it on copper prices, but coal can't be doing that well either. i expect arch to generate $ from the mines they have and either buy back shares or pay down debt.
these r things that give us shareholders value. that and an occasional upgrade from a brokerage house.