The green-head postings make you think there are no more intelligent people left in the world. A good question is all that needs to be asked to get the right answers. If solar prices go down is already a huge assumption. Another assumption is that the prices will drop faster than the costs. Thats wish wishful thinking considering how China operates. When China mass produces as it already does, you dont have to worry about employing Americans, we cant keep up with theirs costs. Other important factors mentioned over and over is that solar companies consume a lot of other precious materials to put out some puny watts. The green-heads are basically trying to recreate the wheel. Whats is the best way to generate watts to power our homes? We already know the answers. Things like that make me confident in the future of Coal. Once the fads and green fevers are over, it will be business as usual.
Pocket change, true. But who wants to throw away 50k knowing that company is going bk. So perhaps its totally not true. No millionaire wants to part with 50k.
Its a risky environment, i agree. The post was meant for the brainwashed cult pumping solar and bashing coal. Regarding bankruptcy, many investors pointed out that aci has enough cash for the next 2 years. Aci is in the same boat as other coal producers and is being affected by commodity prices. The trends and demand projections for coal or any fossil fuel are all point up. Given all that, I am betting on fossil fuels.
1. The economy is contracting and that means trouble for everything.
2. Its too good to be true, blood on the streets... accumulate.
3. From science fiction: a perpetual motion machine has been invented.
Solar is not a true energy play. Krispy Kreme used to be up once also. There are potentials and there are true proven things that been around forever. This is that stock that has been around.
There was also a group that criticized those gathering. They said its probably dirty money. Another group of skeptics said that with so much money falling from the sky, the dollar would be worthless anyway and nobody will need dollars anymore.
This is what we have. So much energy, we take it for granted. grab and hold brothers. grab and hold.
one group stood on the side while the other was gathering it of the streets. The wandering group stood on the side being skeptical. After all, money does not fall from the sky. When all has been gathered, the skeptics discovered the FED had their printing press on the 100th floor and left the windows open. All the money got blown out of the room.
Looking at coal right now seems to remind me of that scenario. Even oil commodities are becoming cheap. Start gathering what you can cause it is too good to be true.
This is why all other alternatives were small and will continue to be small compared to coal. Its a precious natural resource that we have. Notice the word precious.
People who learn about diabetes for the first time start thinking glucose is a toxic chemical. In reality, glucose is precious and essential to the body. Just like Coal. Dont let any green head pollute your mind with nonsense. Grab this stock as a play on coal commodity. If you don't buy commodities cheap, how do you buy them? Buy and hold.
say that lie a hundred times more and maybe people will start to believe you. Maybe you can start a zombie march all the way to Washington DC.
You can put it on your to buy list that way. Dreams do come true. Just careful if you want to short it all the way to $0.4
COAL BABY...all the way... will be accumulating for next few quarters probably. Coal is alive and strong. Dont stand in the way when the train starts moving.