Right now the coal stocks are so oversold that it won't take much for them to shoot up. I'm holding long as I know this baby will go out of control again one day and who knows may even get bought out before we know it.
Don't think that way. But this will be tricky as the market is looking overbought and there may be a pullback soon. I think 3D will fight through this and end much higher. Lot of shorts that need to take caution and get out so I think any pullback will only shoot back up quickly. In short, $2.5 higher today. $5 by end of week.
We still may have a loonnnggg way to go before this baby capitulates....so get out now and save yourselves.
This goes for all coal, copper, gold, etc. See you at $12!....looks like a good buy will be between $8 and $12.
Who would have known you would have had to sell on the open. These hedge funds suck!! But maybe there will be a big upside surprise later on?