CLD says " We do not believe this announcement will have any immediate impact on our operations, and we will continue serving our customers to provide safe, reliable and affordable electricity for our nation. We have a strong coal reserve position, in addition to our Youngs Creek and Big Metal projects which are non-federal coal and not impacted by today’s announcement.”
I sold at $57 after earnings. Put my money in the cheapest stock I know---CLD--and will come back to WRB when I exit that position. I like long term holdings but WRB was too pricey for me. I bought it at $38---much closer to book than today's pricing--with a hope their relatively short term investment profile would begin to return more. Didn't happen but they did improve profits and are well managed.