Don't blame it on Met coal price again. WLT is up huge today, while this junk down 3%!!!!!!!!!! LOL LOL LOL
Thermal coal is pretty much dead in the future as more and more coal-fired power plants will be retired or shutdown!!!!!!!!!!!
I don't mind paying extra for clean energy!!! ACI stock is still a POS don't you agree? LOL
Thermal coal is dead in USA!!!!!!!!!! NG, Solar, and Fuel Cell are taking over in the future. Will not survive with huge Q loss and heave debts!!!!
Obama is the best president who is standing up and fight to get rid of dirty polluted coal in this country!!! All others were kissing arss of coal miners to get their campaign donation!!!!!!! America finally has a President who is willing to fight it!!!!!!!!!! Obama for the 3rd term!!!!!!!!!!
All other stocks have been hitting new high along with the overbought market, except for coal stocks!!! WLT ain't going anywhere until met coal price recovert!!!!!!!!!!! Until then, expect more Q losses to continue!!!!!!!! LOL
In California, we don't need coal...coal is a small % and will going to 0% eventually!!!!!!!!!!!
Natural Gas 46.5%
Large Hydro 9.6%
More pains for coal stock bagholders!!!!!!!!! The ending of coal era!!!!!!!!!!!!
What's your hurdle rate?
Walter, Peabody, and Alpha are very high-risk plays. In order to make an investment, one should have a high hurdle rate, i.e. a return expectation of 50%-100% over the next 12 months. I don't believe that's a good bet to make at this time.
An important investment attribute has been lost with these names. When coking coal prices were at $300 per tonne, there was the hope that prices were headed to $400+. Now, even returning to $200 tonne seems like a long, long way off. And, per tonne production costs have not moved lower to sustain margins. Without that big upside potential in coking coal prices, the chances of Walter, Peabody, or Alpha doubling or tripling are way lower than it once was.
U.S. coking coal producers remain in a world of pain. Despite aggressive efforts to cut costs, current benchmark pricing is just too low. Investors who expect coking coal prices to rebound above $175-$200 per tonne anytime soon could be disappointed. Most of the U.S. coking coal players mentioned will likely make it through the next 12-24 months, but they're not good investments at this time.
No reason to buy coal stocks short term, it will be much lower after another Q loss!!!!!! Long term coal is dead in USA!!!!!!!!!!
Dream comes true as I see coal stocks dropped lower and will be even lower after another Q loss report coming up soon!!!!!!!!!!!!!! LOL
coal bagholders are the one who is still dreaming about super coal cycle!!!!! LOL
Going much lower soon after Q loss report unless coal prices are spike up like there is no tomorrow!!!!
You're right about "Coal isn't going anywhere for a very long time"!!! because it is dead in USA just like U.S coal stocks are dead and heading lower!!!!!!!!!!!!!!!
By Tyler Crowe
June 26, 2014
With the announcement that the EPA will regulate carbon emissions from coal-fired power plants, investors in fuel cell manufacturers FuelCell Energy (NASDAQ: FCEL ) and Ballard Power Systems (NASDAQ: BLDP ) might be jumping for joy. After all, the massive retirement of coal plants over the next several years will mean that there is lots of room for fuel cells to take market share, and it will basically knock coal out as a power generation competitor.
This is all true, but the problem is that fuel cells designed for larger scale power generation -- products that both FuelCell and Ballard offer -- don't really need to compete with coal right now. The real challenge is being a better option than natural gas.
To be better than natural gas, FuelCell Energy and Ballard need to improve this important power generation metric: levelized cost of energy. Find out where they are today regarding this metric and how getting to parity with natural gas and other power generation sources is one step toward the ultimate goal of profitability by tuning into the video below.
Together NG, Fuelcell, and Solar, they will drive coal to extinction!!!!!!!!!!!!!! LOL
By Allison Martell
June 26 (Reuters) - Alcoa Inc, the company that helped create the aluminum industry more than a century ago, is reinventing itself as a manufacturer of specialized components for aerospace and automotive customers, including some that contain no aluminum at all.
The company's deal for jet engine part maker Firth Rixson, which uses little aluminum, is its biggest move yet to escape the terrible primary aluminum market by crafting the parts its customers need, even if they are made of nickel or titanium.
It announced the proposed $2.85 billion deal to buy Firth Rixson earlier on Thursday.
For survival coal industry needs to look beyond coals....coal companies need to invest in Solar, Fuel Cell, and NG!!!!!!!!!! LOL
"Unfortunately coal futures continue to decline as well. I am considering selling into any rally--should it occur--ahead of earnings...." -- That's right!!! Sell coal junk stocks as there is no earning to , but only loss coming up Q release. The question is how low will coal stocks drop when they report this Q?? LOL
you dumb coal investor and bagholder! This NEWS just to show you Solar will take over the world and replace coals in the future!!!!!!!!! Solar will have everything to do with coal going down in history!!!!!!!!!
TEMPE, Ariz.--(BUSINESS WIRE)--
First Solar, Inc. (FSLR) today announced it has received board approval from the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and IFC, a member of the World Bank Group, for financing to support construction of the 141MW(ac) Luz del Norte solar power plant in Chile’s Atacama Desert. The loans, which are expected to close later this summer, clear the way for First Solar to proceed with construction planning at the site, which is near the city of Copiapo. Terms of the deals were not disclosed.
The OPIC board approved a loan of up to $230 million; the IFC board approved a $60 million loan.
The Luz del Norte project is the first of several projects First Solar has in its regional development pipeline, and will be the company’s initial project to start construction in Chile. The Chilean government’s National Energy Strategy includes expansion of the country’s renewable energy capacity to 20 percent of its total generated power by 2025. Energy from Luz del Norte will be supplied into the Chilean Central Interconnected System, contributing significantly towards this goal.
Just too many damnnn coal players out there with less and less demand and a government is wanting to get rid of coal usage. Need to have more coal companies go BK. Coal is a dying business!!!!!!!!
coal will exist outside USA, but coal industry is dying in USA!!!!!!!! U.S coal industry will go bankrupt by then because many coal companies are having huge losses and heavy debts and low coal prices.