all time lows and yet the selling goes on. who sells at bottom. hard to believe. trading under 1/5 book value with many positives in recent past and over next few years, e.g., excellent cost cutting, MET recovery within next year, growing use of thermal coal worldwide and ongoing price recovery, new JV; and price of natgas on the rise for years to come as demand outstrips supply.... crazy
the continues selling is probably an indication that the epa news will all bad. there has been nothing but down days for coal, without any noticeable upticks. sorry to say, it looks like the news will be bad and there will not be any significant price jump in any of these coal names...all down across the board...every day.
i am not a basher...just pointing out the obvious.