Bad news has been beat to death. Should go up just on being way over sold.
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.
Hold on Longs. Can't get better than this price to take it out!! (or can it?)
And people wonder why no new money comes into the market. When it moves like this who wants to put their money to work ....when it truly is work! Only seems to know how to go down.
That is their secret. I'm sure they are not all buying at once. They are averaging it in as they know it will go lower.
Insiders Buying + Price Decline = Great Buyout Position. If not a buyout, then a great long term hold.
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?
Coal has bottomed!....and now perfect time for a buyout!
You're right. Load up baby!!!