Let's not forget this was a $10 stock at beginning of 2013. My opinion for recent run up is value investors may be sniffing around ANR. Book value is a hell of a lot higher than $6.85 and as recent article on Bloomberg pointed out, coal is going to be a leading energy source in other parts of the world for many years to come. Still long and not worried about Al Gore and his minions.
I think longs who rode it all the way down (like me) want to stay quiet a bit longer on the way up. I like the way management is handling things- under promise and over deliver each quarter is good for shareholders. Been a long trip. gltal
6% interest rate. Company is not going bankrupt anytime soon. glta
Last Friday ANR took a big dive then rebounded nicely on Monday after Rice deal was announced. Yesterday stock got hammered again and afterwards $250M debenture was announced. Could denizens of the HTF frims bring it back up again today?
Forgot about ng drawdown #s, Current price for ng is $4.41! Should be interesting at 10:30am.Hang in there longs!