The crooks are buying in and close to having full long positions after years of bashing coal...When it starts moving up and it it will closer to elections all shorts will get what is coming to them...Another month or so but a correction will be coming very soon like Joe mentioned so I am waiting to purchase more shares. Coal stocks may retest the lows before a huge move to the upside.
Coming to all coal stocks after BTU announces more losses tomorrow and the CEO's of these companies will not give one damn about the stock price as investors and employees lose everything. They may even give the management team a raise...The company management teams are the crooks that screwed investors in purchasing companies at the top of the coal cycle...These stocks may never recover. Time to move on to the CMG's. AMZN that never go down in this market
Pump and Dump for three years now...any pop in coal is shorted no matter what the news is on sector. Will close at low of day as any ANR long has witnessed time and time again as management says nada.
I am sure they will get their coal from Russia just like the USA power plants are doing...vote Republican I am ...time to put the backbone of America back to work the coal miners....clean coal is the future and Republicans actually grasp this concept.
Not sure how anyone with a half a brain can actually say Obama has done a good job as President...The man is incompetent at his job and has destroyed so many Americans lives with his regulations and policies as Dictator of the United States.
On a downgrade ANR goes lower and on an upgrade goes lower....This stock symbol should be named POS.
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.
Both sides? I think the Democrats already displayed how they feel about coal.....Dems will never win a coal mining states votes ever again.....although I can think of a million other reasons to throw these fools out of office...Obummer is disliked by more and more Americans daily. Republicans win the mid terms easily.
It is obvious a large short position is the Street and the hedge funds that the street are talking heads for...many articles released by the street on coal these days. Always biased towards the downside although anymore downside and we go to zero. Cramer is the biggest POS and should be in prison. Any good news is overlooked and any negative is immediately written and published immediately. When they are long you will know and it will be in near future.
This stock is not going up until we get closer to elections...I feel bad for the people that purchased this stock over the last several years because they will never make there money back. Market up ANR down, Market down ANR down for three years now.
USA coal companies will all miss their numbers like we have witnessed for the last three years. The government has destroyed the industry in the USA...coal companies elsewhere are going to pick up the slack and profit when they supply India, China because our coal companies in the USA cannot even get our coal to the power plants that need to replenish the supply at home never mind overseas.
They will miss just like they always miss for the last 3 years...Boyce will stay rich and may even give the management team a raise as investors lose everything. This is how the coal executive teams work. Or Boyce will run to Cramer and say everything in the coal industry is amazing like he did at the top several years ago.
and coal companies still losing money every quarter...this is the bottom line.
Democrats and Obama losing whatever support they did have from American citizens daily....Republicans win the mid terms easily and Republicans already proposed a bill for clean coal technology and taking away all the handouts to solar companies. Buy low sell much higher.
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.