% | $
Quotes you view appear here for quick access.

Walter Energy, Inc. Common Stoc Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • tempted101 tempted101 Jan 23, 2013 7:28 AM Flag

    4th Qtr. MET sales volume better than expected.

    WOW! MET coal prices +34% YoY and 2 more upgrades overnight: 1 from Hold to Buy and the other from Underperform to Outperform (me thinks that's 2 updgades just on that one).
    Time to hold WLT and ANR for a few more weeks. Could we looki at $50 to $60 early Feb?
    Looks like some managers are looking for a surprise in earnings.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Are you crazy or just plain stupid??
      "Walter Energy's met coal prices for the fourth quarter of 2012 averaged approximately $152 per metric ton (MT) for hard coking coal as compared with $198 per MT in the third quarter of 2012. The fourth quarter prices for low-vol PCI averaged approximately $129 per MT as compared with $160 per MT in the third quarter of 2012."
      34% represents the amount of MMT produced and not prices!!
      Prices are still down and sales also down from last quarter.
      It´s going to be a bad quarter...maybe a loss.

      Sentiment: Sell

0.16440.0000(0.00%)Jul 7 4:02 PMEDT