I'm glad I held and also bought below $2. I was getting nervous last week around this time, but glad to see that we went from $1.55 to over $2 in several days.
Sentiment: Strong Buy
for this stock. It's been tough holding this stock with the volatility but hopefully the reversal trend continues. I think it's significantly undervalued - Morningstar thinks the same thing.
I would buy more if I could but the price drop seems ridiculous.
at the $6.50/share range. This quick drop from $8 seems absurd given that the company is cash flow positive and has very manageable debt compared to its peers.
shorties are taking this down but it's the healthiest coal stock out there with lowest debt... it should bounce back.
after yesterday's sell off and morning sell off as well. Seems weird that the stock would react badly when one analyst reduced it's target from $19 to $16, which is still double from here.
all patient and astute investors. It appears this company is well positioned to ride through the storm and be successful in the long run. Thank you morningstar for covering this stock and for labeling it as undervalued.
prior to earnings release today. I hope they surprise with good news. Been loading up over the past couple of weeks. GLTA