just sayin contango all priced in?
it just doesnt equate otherwise..comments on contango/expiration?...for a layman is appreciated
I HAD 40K SHARES AT 4.5-4.6 AVERAGE..the bounces to 4,70 were hammered..had to unload all at 4.48...I was really afraid this lack of interest was potentially a nightmare for me and other large holders..now it's wait and see time because today's volume not a blowoff bottom...this equity has big problems for the lack of coal pricing power and too much supply...it could turn with some BK's announced but jesus....wow..all I can say
something ought to move coal a bit...but it is dark..no pun untended
dilo..its going to be tied up in the courts for years...I really dont get why the mkt thinks it a serious problem
yeah..true..but lack of interest in the sector makes this stock very vulnerable to another bout of high volume dumping..hard to believe but there's not alot of interest visible by price action...could they be taking advantage and accumulating at these levels??..thats my bet but the shorts know patience is wearing thin on the long position in coal and they are pressing this as the sell program may not be over..my 1 cent
look ..if you were losing $32M per point drop from over $25/share...to sell after a $640M loss or more could mean that he really believed right up until april...isn't that called "selling the lows"?...It's human nature to reduce the pain...but he acted kinda late I think...we'll see..time will tell.
few monthly reads....towards 2%,,Fed knows theyre behind this mini curve up and will be playin a little catchup..theyre just afraid to #$%$ themselves and the frail equity markets...but the stock market is giving the fed some cover..even egging them on to raise....so my question to all of you is...where's the price of COAL going??...thats the only question that matters going forward for BTU holders. I say higher and maybe soon.
like watchin oil paint dry
strugglin for survival
can it happen with coal...it'll help
WLT management just stated they may not make it as a "going concern"..thats BKruptcy filing coming
they produced more of an oversupplied iron ore market...in a weak iron ore price. for coal I think the outlook is weak yes but walter energy will be the first casualty..but the mkt may be ready to explode from these levels once they tire of selling out their positions...this is very real possibility...not hope but actual development from
way oversold conditions