While not an expert on metallurgical coal...this name held its ground quite well today.
Check the lows in 2009...we came close but closed well off of those lows.
Time will tell if buying today was a good idea. Considering the history of the company and it's tiny often manipulated float of stock...this could be a $100 by the end of the year, Or it could go Bankrupt.
I honestly think $100 will come first. Probably not this year...but starting a position in the 11.20's is an opportunity I can use for enhance my retirement account.