the writer says she plans on buying within the next 72 hours. she isn't selling!! CHINA Will buy ANR as they need the coal!! people just overreact with all this. she has the headlines so sellers enter in so she can buy cheaper. HANG ON TO YOUR SHARES!!! COAL is not going away!!! CHINA needs coal for their electricity and they import a lot of it. there will be acquisitions in this sector and it looks like BTU and ANR are the buyout targets.. don't be a fool and sell your shares!!!
ANR is in a tough market but they are being proactive. They have been trimming costs since last year. Breen Capital recently visited ANR on June 17th. The topic of assets sales with China and India did come up but they were not in sync yet. If you reflect back on the CEO"s interview with Bloomberg on June 19th, he said that he wouldn't be surprised if they looked at changed in the back half of the year. Sounds like something is brewing.... I certainly would not want to be short at these levels.