how this goes from low 8's to 9.90 on 39 million shares after good earnings,,,and just sold off..unreal
Nothing makes sense in this market anymore...nat 3.50 last april 1.89, Euro 1.32 last yr 1.28,,,exports rose, production down, coal prices firming,,, balance sheet in great shape , reducing cap ex and overhead, cash flow positive..,met coal prices up 20% from sept, and assets that will only appreciate over time...you can't start up new mines and solar,and wind will not turn the lights or heat on for everyone.....GRPN market cap 50% higher than ANR....this is how crazy wall st is....UH got body slammed...
it makes PERFECT sense, look at earnings (loses really) and revenue, they are DISMAL, but most importantly are EXPECTED to continue deteriorating. ANR cant survive like this - TARGET ZERO
ps. what you call "earnings" are actually DEPP LOSES
where have you been the past few years.......ANR has never sustained any of it gains and in reality, the upward spurts after earnngs releases were not warranted. They were simply a result of investors trying so hard to find a silver lining in an otherwise terrible report.