Horrible stock and no turnaround in sight. Wall Street will short this piece of trash to 0 and I for one will be happy when this terrible management team gets shown the door. all coal stocks crashing once again on media based articles from the shorts.
Does the company ever put out information about the company? I have been following this company for a while now and the PR department is rarely heard from. So to think that the company will say anything about the new JV is doubtful in my opinion. The only mention of new JV is at earnings announcements and they say very little as the stock sinks day after day. Very frustrating to say the least.
Shorts added to positions because this management team and PR department should be the ones laid off and not the hard working miners. Management team gives little information on the company and when it is time to release news PR releases nothing at all...no news is bad news when you are losing money quarter after quarter. No JV news will be announced this quarter you can count on it.
Three year long shakeout....it goes down every day because wall street wants it to go lower. The market is rigged.
Many cuts have already been made throughout the industry and with the ruling against coal mines in India and now Ukraine mostly offline it should be enough to spike coal prices.I agree more cuts can still be made but this is still not going to clear up the rail issues that all US coal companies are facing. Lets face it shorts control the pricing of this stock and nothing else really matters at this time. The perfect storm is coming for coal stocks and it is just a matter of time. Gotcha...all US coal companies are going bankrupt....you should go work for the current administration.
Nat gas price when near 5 still did not help coal stocks rally...they go one way and that is down for three years now.
Ukraine exports about 20 percent of Europes coal but do to the war rails and coal mines are offline permanently. Some rails and mines have been bombed others now in the hands of Russian militia. India and Ukraine are having massive coal shortages....this is good for coal stocks but like meadowwood said until the huge short position decreases this stock is going to have minimal gains. PPS still controlled by shorts unfortunately. Fourtimes over 4.00 now was ANR just to give it back the next day or day of and BTU the so called sector leader PPS going lower daily with cloud coal energy news not helping today lowering guidance due to rail issues not getting better here in the US. Shorts have increased their positions for several months in a row now and coal companies cannot do a damn thing about increasing their PPS for shareholders.
Myth of arctic meltdown: Stunning satellite images show summer ice cap is thicker and covers 1.7million square kilometres MORE than 2 years ago...despite Al Gore's prediction it would be ICE-FREE by now
Read more: http://www.dailymail.co.uk/news/article-2738653/Stunning-satellite-images-summer-ice-cap-thicker-covers-1-7million-square-kilometres-MORE-2-years-ago-despite-Al-Gore-s-prediction-ICE-FREE-now.html#ixzz3C2EIY5Su
I am not short coal...I support coalminers but many big hands are making sure these stocks do not rally. Short interest continues to increase monthly.
shorts have been correct for 3 years now.
Alpha Natural Resources s hold rating reiterated at Jefferies Group. $3.75 PT was released this morning. and Morgan Stanley bashing coal rally as well today in an article...Two companies that are still short coal it appears and will do anything they can to knock the PPS shares down for coal companies. Greedy #$%$.
This is what happens when coal companies buy other coal companies at the top of the coal cycle. Management teams of BTU, ACI and ANR screwed investors and now the stock price is in the hands of Wall Street. I actually feel bad for long term investors that bought much higher because they will never see this money again.
I live in socal and all i see is sierra nutjobs in my gym and priuses parked outside and poverty in most areas because electricity and gas is so expensive and another tax on gas is about to be implemented...Solar and wind is the answer...yeah right....state is controlled by radical environmentalist that are creating so much poverty in this state. What a shame that some people actually believe environmentalist are helping society. They are already screaming about co2 causing the latest earthquake in Napa valley that is on a major fault line.
I agree...Only a matter of time before all the crooks on wall street start buying coal stocks the most undervalued sector in the market.
Nat gas will spike soon enough...another brutal winter like last year and we see 6 for nat gas....I never know what moves coal from day to day just buy low forget about it and sell in a couple of years from current levels and you will make some good money. could be China data for sell off as well but who knows anymore.
Nat Gas inventory numbers were better than expected...More production not good for coal stocks.
It is funny how the firms that are short coal use the media to halt any rally...8:55 this morning Cramer screaming coal is dead and now street releases an article that ANR is still a sell. All criminals.
I am close to throwing in the towel on this one...sold some close to 4 the other day and may sell some at a loss and move on...horrible stock for years
Market barely down...ANR plummets....this stock sucks. Shorting this os the only way to play this stock.....always gives back all its gains too hit new lows