Fast money was pumping "takeover target" over $100......Doug Kass was pumping on twitter "My genome high above the alps says WLT Buyout close".
Why would anyone buyout? Clearly Walter is not competition, nor does anyone need their coal, equipment, or leadership. BHP just cut a deal to underbid Walter @ $142/ton for cooking coal in Q3.
they should be prosecuted.
Sentiment: Strong Sell
the best one is ......."ceo cancelled appearance at wall street industry conference"