The price target is $10 in 12 months, not $5 today. Your multi IDs have been losing short all year. Stupidity.
I bought all the major coals yesterday because they hit bottom and there is too much hyper ranting that they're going BK tomorrow, next week, Aug. 1st. They hit bottom simply because there has been continued relentless selling by institutions all during the quarter, accelerating the last few weeks of June. This is a BUY, now that the quarter has ended.
I bought yesterday - at the bottom. I suggest you start another ID on Monday and buy for a 5 year hold. Learn to read the future.
Coal demand is worldwide, these companies will survive or electricity and steel production is extinguished, I bought yesterday including ANR ACI. I got the time, very patient. Don't lose out on this opportunity, either. Coal is necessary.
I bought all the major coals today - BTU ACI ANR for exactly what you said, 5 years,
Why even bother? Look at the executive salaries under Profile, I’m sure they’re going to try and salvage their multi-million dollar salaries. I think that is reason enough to avoid BK. I’m shocked at these salaries for all the major coal companies.
You've been a heckler here since the 3's. You're tracking in the wrong direction. It's tracking up, so you're down, and you've been down for over 7 months now.