I have made more money in solar stocks than shorting garbage coal stocks. Fossil fuels do well now but wait until energy storage such as fuel cells and many others become more advanced and affordable. Intermittent energy generation by way of solar and wind will displace more fossil fuels. The difficult part of solar and wind is the sun doesn't always shine and the wind doesn't blow and this results in fossil fuels being needed to fill in, but once energy storage matures that won't be the case anymore. A lot of renewable energy gets dumped because it can't be used at the time it is generated. Wait until all the harvested energy can be stored and used. Coal is going to be used by the poor uncivilized countries. Even now, citizens in China don't like the coal pollution and want their government to do something about it.
Dumb baholder. I can tell you one thing. Shutting mines down and laying people off is not a sign of a recovering coal market. Dumb bagholder Ben thinks is it a sign of a merger. Why would anyone merge with ANR when they have billions of debt and are losing money and have expensive operating mines that they keep shutting down. Coal assets are cheap to buy as the Rio sale shows and there is no need to merge when you can buy the assets later for pennies on the dollar from distressed coal companies like ANR..
Dumb bagholder Ben.You previously said in your post about natural gas storage post that CAPP would save ANR because PRB is restricted by rail issues and ANR would rule the coal market. Guess what? ANR doesn't see it the same way because they are reducing CAPP production. Also, the coal market is not recovering like you bagholders keep thinking it is because layoffs and production are being cut time and time again. Rio, much better operator than ANR, selling that coal mine for 50 million and writing off 3 billion tells you how bad the coal market is and how most don't see much hope in the near future. You keep talking about ANR's coal reserves being worth billions but the Rio transaction shows you how little they can be worth.
Ben could write about how he lost most of his money buying coal stocks. It could be collaborative article with Mark Anthony (cadmium telluride) because both fools lost money in coal stocks time and time again. It could an educational article of what not to do if you like your money.
Dumb bagholder. By now, you should know ACI doesn't follow the market. It just does it what it wants. Some days up and most day's down.
Could be you bagholders buying more shares to become even bigger bagholders because you think it is a deal at this price just like you thought it was a deal at much higher prices.
Dumb bagholder. Gas supplies will be fine. This summer is mild and the coal and natural gas burn is lower than usual and this will mean plenty for the winter. Why do you hate your money so much that you just give it away?
The person in your kids chatroom is your "broker that keeps calling you". He took all your money already and now he is going to take your kids innocence because that is all that is left.
The question that should occur to you is why did yiou buy a coal stock that just keeps going down and has caused you and your hero, ben, huge losses and ruined your lives. Ben no longer has a wife or kids that talk to him. What will the causualties be for you?
It is like it the same after earnings as before, except new bagholders were made.
I own 8 solar panels and they help reduce my dependence on the grid and have already paid for themselves.