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Peabody Energy Corporation Message Board

  • jmeilink6000 jmeilink6000 Mar 31, 2014 10:06 AM Flag

    How did we lose all of our gains today

    This stock will never close above $20 again

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    • I think that you are correct. There are no real buyers in coal companies as an investment. What you will see is a manipulated market of jumps like this morning that the big money moves off the offer to jump the price up. Then the sell and short. Future of coal stocks will be lower highs and lower lows as the big money continues to make money trading on the way down to bankruptcy for most of the coal companies. Coal companies continue moving down on a going out of business sale not a stock market crash that we witnessed in 2008.

 
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