He's probably looking at the ACI chart and seeing that it's going below a $1. He knows ANR is stronger or why else show up on this board every day.
I don't need to ask somebody else how many mines or the capacity of those mines. I trade with my own money and make my own decisions. Why is ACI down so much today, when WLT and ANR are up? You know I don't like WLT, so I'll just focus on the factor that BTU's news has lowered your wonderful ACI stock. Why is that?
Last time I looked ACI had mines in CAPP too. Also, last time I looked we were once again trading higher than your beloved ACI. It's a pattern that will continue!
Alpha Natural Resources, Inc. a leading U.S. coal supplier, plans to report its fourth quarter and full year 2014 results before the market opens on Thursday, February 12, 2015. A conference call to review the results and current business conditions is scheduled to follow at 10:00 a.m. EST that morning.
When the negative articles start to fall upon deaf ears, that's normally a good sign. The Hedge Funds are either changing their position or at least will let the stock run up before they start with the attacks again.
Right now, whomever is trying to buy ACI must be selling ANR before today's close. I still believe in this company. It has had the best cost controls and lowest debt ratio.
It's not about BTU's numbers tomorrow, it's about the forecast. As I stated news must have leaked because BTU continues up and ACI has huge buy orders in at current levels. Tomorrow could be a very good day, I'm happy to get my orders filled this morning at $1.00. Now my average is $1.025.
BTU was upgraded and there's huge buy side orders in on ACI right now. Good news must have leaked, hopefully ANR joins the party.
Then why do you only hang around this board? You keep saying ACI is the better stock but won't tell me why and I don't see you on that board.
On a lighter note some fly by night firm upgraded BTU's price target from $5 to $50! That's not an error either.
IDK, Monday afternoons have not been kind lately. Could close at $1 or $.98 if that trend holds true, we will know in a few hours.