Cant Elliot take the offer directly to the shareholders? The upcoming conference call will be very interesting, to say the least. They have to say something about a sale.
.21 on increased guidance- Article: Wall Street ignores good coal news" says it all. Are we scrod or what? No matter the market, we should have broken and held 13, no? Im so disgusted.
Hey Bull. As you are well aware- the steels have been ripping. The coals have to follow suit. I am getting crushed as are many. There have been other good PMI numbers and nothing... I hope that this will help steady the sector as this has been just awful- BTU was 19 beginning of summer I think- hope the winter season, Austrailian floods, and continued cutbacks spur the sector. Could also use a big hedgie's help to create a bottom. Thought that that 56m day was consolidation. Wrong. All of this to say that we have no idea what will happen tomorrow- just cross fingers and wish the pain away. GL
How on earth did x go from 20 to 40 in no time and the coals are at multiple year lows. It's not company specific. It's the sector. There is no end in sight. Can somebody share some thoughts as to what can move the sector higher and the chances of that happening. Can't be anybody left to downgrade the sector. They are just taken a3 year beating when the market is at historic highs.
Bull-what news could kve the sector 7% or so-when was the last time that happened-even good Cuna numbers haven't moved the needle-the coals seem to go down in unison and rotate going up on positive days
opened near 16,22 and then slammed down to 16ish- ant the market is up 100pts- will this ever go higher- US steel is pushing 30 BTW- they must be using wind to melt the steel