There's no way this is going BK any time soon. Keep selling. I'll keep buying. I know for a fact this turns around. It's all part of a game plan for coal made by people much more powerful and richer than any of us. Bottom of the cycle, baby!!!
I will add "Keep selling. I'll keep buying. I know for a fact this turns around. It's all part of a game" in due time to my (in)famous list of top things that longs say. In due time. Patience is a virtue.
ps. Notice how I did not call you a roach, insult you, etc etc. It's called restraint of which you seem to have a shortage of.
While I agree that we are VERY close to a bottom of the cycle I would not reccomend going all in. I have a large position in each, but by no means am I all in. I have ANR/ACI/WLT/BTU/CLF. They way I look at it is if 1 doesn't survive the rest will. This will all blow over and have a 2 to 4 year bull run just like this ugly bear cycle.
you two guys are nuts...all nuts. Your comment all in phantom sums it all up. You are a gambler. And to be honest, I always pull for the little guy and the gambler. I hope you win. Odds are against you, but crazier things have happened. You got a 2/7 off suit. But a couple of 7s and a 2 can pop up and you can rake the pot with a full house. Best of luck to you guys. Hope met coal prices turn soon.