72 then, 16 now and still falling. And in the interim Goldman has made even more with a few longs and more shorts. They may cover a bunch and go long at 14 again only to short again. Even in China they will have to do something regarding the pollution. It has taken them some time to really get into driving cars but now that is taking place big time. Progress is a little slower there but it comes. Looking for lower prices for BTU.
Lower prices you have received. In the 15 teen's now with lots of shares on the offer. Longs are sure hoping that the bids are GOLDMAN doing some covering. I have no idea. This sector and company is just a very poor entity to be owning. Obviously big losses for those that own it. The capital cost's are just too much to make these coal companies profitable.