Yes, you are missing the proliferation of Massive Naked Hedge Fund shorting and industry bashing. Everything else is spot on. It's all about market timing and sector rotation. Eventually this thing will reverse.
So are you adding here, staying put, or selling short? Just curious. I might add, if this ever goes to $2s. Funny how they said ACI would go to $2, which kept me from shifting to it, when ANR was over $8. Now Met Coal is garbage. The games they play are so obvious and ridiculous, yet nobody stops them. All corrupt. Nothing to believe in anymore. Opposite psychology doesn't work either. No pattern. Just free reign to make money any which greedy way they can.