China has such a need for coal that they have run out of ships to transport the stuff. Last week china contacted Brunswick to place an order for 1,000,000, 20’ Bayliners to transport their coal making up the difference of loss of space of their ocean liners. No wonder were at these lofty prices!!!
i betcha they report great numbers for their bowling business and stinky numbers for everything else. this is typical... stock is pushed up to high levels on low volume by the mmaker prior to announcement, so it falls from a higher level and the damage is not that great. it will fall because it's only supported by hot air-- no real volume to support this price. but probably not hit single digits.