Ben, more or less what I am going through right now. It all adds up to anxiety and depression. Of course you need coverage to take care of that. Well, then you need a job or Obamacare to function. Or you can just watch the daily antics in the stock market. No solutions.
Back to ANR. When do you think we move up? I missed my chance to swap into ACI a few weeks ago. The spread of ANR vs. ACI was way too much. Now it has come back somewhat. I still think I like ANR better due to diversity and MET, but I would like to know if either company is truly getting orders from Asia and actually shipping there, or is it all going to BTU? How are they marketing there product overseas? Are shipments increasing to a point that it will help earnings a lot?
Let me guess, our stock price is pulling back because eventually the good news on high nat gas, will eventually be bad when nat gas goes back down? Sorry, I am just getting tired of our stock being controlled by whoever the rich idiots are. Tired of them getting rich no matter what, while I wait and watch my life go by. I want an even playing field. I don't blame other retail investors for dropping out of the market. It seems more fixed than ever. I am not very religious, but these signs of what true human nature is, pure greed, may get us all destroyed someday, like a failed experiment.
Uh, doesn't that set up for low prices? Is it not called weak demand? I am long, but that sounds like a positive spin on a lousy situation for now.
Looks like thermal is currently more in demand. I can't remember, did ANR say they were recently more focused on thermal mines? Are met inventories dropping at all?
Thyssen deal. How does this affect the debt? Will they have more debt now? Are they going to issue more stock and dilute? Is the deal 50/50 JV? I think it is a great purchase, just wish they had less debt. If world economies ever pick up, this will be a big winner.
Ditto, but how could we have known? Those poor investors who were duped into buying around $8 and not suspecting that it could have been a set up. We can only hope for some very strong industry news or a buyout, otherwise this might continue for years. Perhaps the SEC will open their eyes?!?
Actually, I think the stock market is a fools' game and not to be trusted. I am in it, and feel stuck. Losing money in the best market ever, is not fun. Bagholder? Not sure anymore. Depends on which way the wind blows. Still think there is a chance ANR does well, but no idea as to when or why. Same with MT, although a somewhat larger entity. Missed opportunities abound though. I can only hope ANR and MT flourish before or during the next market downturn.
Funny how this was what made ANR the better coal company to won, and suddenly they say it is what is keeping ANR price down. Everything turns on a dime with opinions and analysis. Total BS. I wonder who was buying in the 8s? Now little traction at all. Even ACI is holding up better now and we are dropping down. Too good to be true.
Just a brutal coordinated attack on this stock, without any news. SEC should be looking at this. If news does come out, then insider trading. No news, then this is a vicious beat down.
I know you are at ACI, but it would be easier if you post here too. Like your news, even though you sometimes tend to promote your picks, either up or down depending. Anyway, glad you popped in. :)