and unwarranted. when mood turns some people are going to get rich off this stock. we'll still be debating the importance of coal in 2050 and probably still be getting 40% of our energy from it.
If you think coal is going to be obsolete within the next 10 years, maybe you ought to sell short or leave this alone....If you think coal is going to remain useful for energy and steel production, Peabody is the one to be buying down here with both hands. That's my sentiment and I'm sticking to it!
end of the day fade because there is no way this stock is worth just 60 cents per share. I paid 64 and hope to sell for $24 in about 2 years. Well, that's the plan and I'm sticking to it.
trading kinda suspect. out of last 11 trades 8 at 100 shares and 3 trades under 20 shares. ....good stocks behave like this shortly before going up.