Alpha Natural Resources, Inc. Message Board
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buy all you can get rally time to close
ok
Sentiment: Strong Buy
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Sorry--I listened to the earnings call and guidance for this year is not great. This isn't a bash, Crutchfield himself said barring $4 NG (currently down .14 to $3.10!) or a big reduction in inventory this isn't going to be a banner year. Next year this baby goes to $20+ but I think is range-bound ($7-11) in 2013. Buy the dips and sell the rips in the 1H and accumulate a long position in 2Q. JMO.
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This was a bad play for the momentum crowd---what the flush down....chasing a headline number is a bad investment decision
- 2 Replies to foolschasemomentum
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Even though I am long ANR I have to agree with this statement. I don't know why anyone would want to buy at $9.80 when this will probably bleed off in a week to $9.20. If you wanted to make money on the earnings you should have bought before. It will be hard for this to continue to run because who is going to think $10 is a good deal when it was in the low $8's a few days ago.
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whatch the flush down...9.10 will be in play before the close
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