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Peabody Energy Corporation Message Board

fuzzier_joe 2 posts  |  Last Activity: 4 hours ago Member since: Jul 1, 2003
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  • Considering the company is based in Britain, I'm really surprised at there's no big increase in trading volume. Price is down today, but not really DOWNDOWN. I'd put in a low-ball bid to double my holdings, but I'm doubting now we get there...

    The only logical answer to me is...risk from Brexit has slowly been cooked into the price over the last few months.

    Sentiment: Buy

  • Reply to

    Why the selloff?

    by jcutiger0407 Jun 15, 2016 9:51 AM
    fuzzier_joe fuzzier_joe Jun 16, 2016 11:52 AM Flag

    I don't find any fundamental reasons for this much of a haircut other than the miss on last earnings (though revs were good). Technically, it looks like a momo short attack. When the downtrend breaks, I believe it'll rebound fairly quickly.

    Sentiment: Buy

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