I remember first learning about the stock DECK and it was $136 about 7 years ago, so about 18 months ago when I saw it drop from 50s to 40s to 30s the final blow was when the analyst from Stern Agee reported that he saw an UGG boot on a deal a day site, it dropped to mid 20s, the analyst never said what style or what site but he bashed deck and also threw in that the price of fur would hurt profits. I bought and sold in $30 range only to read that the same analyst who bashed it now upgraded DECK. Not a year later, not 6 months, it was probably 6- 8 weeks later! I couldn't believe it, how an analyst could manipulate a stock in such a short time. I watched how the stock eventually rose to $99 only to drop so quickly into the mid $60s today. A few more downgrades and who knows ? I will say this , I wear the men's product and I love it. Also during holiday they were the only retailer with lines outside and inside the store . Good luck to longs and be careful
Retailers had a bad Xmas, so let's take coal down another 10% off its lows!
If retail had a great Xmas they would probably drag btu down
Yesterday btu had a new low but news stating earnings release drove the stock back to even
One day later that earnings release date means nothing
This fall Goldman downgraded BTU to $12 , when other coal stocks get mentioned Goldman said if you are to buy a coal stock buy BTU, it has the most upside, but the stock fell harder.
Why won't they upgrade it now? Why won't any analyst upgrade? Long term, short term?
Gas and oil down btu is down, gas and oil up BTU is down. Market up BTU is down, market down , btu is down
If the Muslim terrorist had a stock it would trade better then BTU
Before it goes to $15 lets see it go up 1.5 cents or how about before we see BTU at $15, lets see it not go down more then 15 cents in a day!
Market flying today and BTU is doing their part by only being down 3% today, we are used to bigger drops
Meanwhile it didn't follow oil because OIL stocks like WLL and RIG are up today
Cramer made sure to stick it to coal , at 9:29 AM he said COAL is losing the war to Natural gas
No rally can drive this price up
Tomorrow when stocks pull back, we will blame the bad market day for the downturn
Greg Boyce silent
Yes we did the research. We thought it was a steal at $16
Then the all the bad news that followed took it down lower
But it continued to drop
There is no end in sight
You are right they will probably survive, but the company can survive and the stock can be at $1.25
If your down 99% on your investment , is it a victory for you for Peabody to survive?
Every stock goes up and down
BTU only goes down
Its amazing how there is zero support
Blame OBAMA, blame Gas prices, blame the economy
I just don't understand how it drops 4 out of 5 days ?
I don't understand how there were buyers at $13, buyers at $12 buyers at $11 buyers at $10 buyers at $9
but no buyers at $6 range?
Analyst are quick to bash at $16, at $14 at $12 but not one has the guts to support BTU at $6 range?
Cheerleaders on this board mean well but the stock is down 75% , Gas and Oil stocks aren't down as much
Seems like shorts made a fortune off clowns like me and you who thought we were getting a steal
What's worse is that all we have heard from Peabody is that Boyce is executive of the year, and he was awarded financially? He's getting awarded and we investors got screwed.
Analyst warned us, but we thought we were smarter
Even if things turn around, how long before we get back 75%? 605? 50%? 25%?