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Arch Resources, Inc. (ARCH)

NYSE - NYSE Delayed Price. Currency in USD
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51.24-0.06 (-0.12%)
At close: 4:00PM EDT
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  • D
    Dennis stocks
    Sixth time a charm for arch breaking through 50?
  • B
    BEH
    $ARCH earnings tomorrow. Hoping it will set bullish tone
    Bullish
  • Y
    Yahoo Finance Insights
    Arch Coal is up 7.20% to 50.31
  • S
    SENOR BALTIMORE
    arch. to drop one more time at least to 48.00. when that or greater drop occurs - buy
    Neutral
  • R
    Ryan
    ARCH under $30 by Friday — then below $25 by end of April — administration and new EPA director effectively shutting down industry
    Bearish
  • J
    James
    Looks like ARCH is experiencing a breakout today. Riding on the strength of steel.
  • R
    Ryan
    So called “smart money” trying to exit right now
  • S
    SENOR BALTIMORE
    RYAN: AGREE -- THIS STOCK IS HEADED TO THOSE TARGETS -- NOT SURE ABOUT THE TIME FRAME.
    Bearish
  • R
    R
    Arch is cooking the books and decreasing share holder value. Their investors are manipulating the share price. Take a look.

    ST. LOUIS, Oct. 29, 2020 /PRNewswire/ -- Arch Resources, Inc. (NYSE: ARCH) ("Arch Resources") today announced the pricing of its offering of $135,000,000 aggregate principal amount of 5.25% convertible senior notes in a private offering to qualified institutional buyers. The offering size was increased Arch Resources also granted the initial purchasers of the notes an option to purchase up to an additional $20,250,000 principal amount of notes.

    In connection with the pricing of the notes, Arch Resources entered into privately negotiated capped call transactions. The offer and sale of the notes and any shares of common stock issuable upon conversion of the notes have not been, and will not be, registered under the Securities Act or any other securities laws and transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the notes or any shares of common stock issuable upon conversion of the notes nor will there be any sale of the notes or any such shares.

    Arch Resources will settle conversions by paying or delivering, as applicable, cash, shares of its common stock or a combination of cash and shares of its common stock. The initial conversion rate is 26.7917 shares of common stock per $1,000 principal amount of notes, which represents an initial conversion price of approximately $37.32 per share of common stock. The conversion rate and conversion price will be subject to adjustment upon the occurrence of certain events.

    The notes will be redeemable after November 20, 2023 immediately before the maturity date, but only if the last reported sale price per share of Arch Resources' common stock exceeds 130% of the conversion price. The redemption price will be equal to the principal amount of the notes to be redeemed.

    So basically as I see it, their SECRET investors are pumping the shares of stocks on the market trying to get $70 per share then will secretly dump at higher values. Now I understand why the investment community is pumping the stock of this failing coal company and raping the bag holders.

    Don't believe me?....do your own investigation. This somehow doesn't seem right to me. Why are they hiding who purchases notes or stocks and not registering the Securities? Any comments? Are they propping up the price in order to sell at a huge profit or are they trying to really help the company survive in the dying commodity space?
  • g
    glenn
    Dividend suspended after being raised last quarter. Now picture Gomer Pyle "Surprise! Surprise! Surprise!
    Diluted share count now a tad over 15 million shares. The expanded Met Coal mine still expected to be
    operational by the 3rd quarter of 2021. So that gives the worlds economy a bit over a year to get back
    on track. We may see $20 before we get there as a expect more market selloffs before then. To be fair,
    no real surprises here. ARCH will conserve cash for now.
  • Y
    Yahoo Finance Insights
    Arch Coal is up 7.85% to 46.96
  • T
    Tom
    Analyst Actions: B. Riley Lowers Arch Coal's Price Target to $79 From $85, Reiterates Buy Rating

    How is this at $29. other analysts are way up in the 60s as well. Balance sheet looks very attractive. Coal isn't going away. Is this just a forgotten stock?
  • P
    Paulmuaddib
    Coal futures extended gains and touched $80 per tonne in the second week of December, a level not seen since May of 2019, amid a boost in seasonal demand and as supply in the biggest consumer China, is getting tighter. China's coal imports fell by 15% month over month in November and dropped by 20.8% compared to the same month in 2019 as the country restricted imports from top suppliers Indonesia and Australia. Meanwhile, an accident at a coal mine in southwest China that killed at least 23 workers, the second in the region in two months, is further disrupting local supply.
    Bullish
  • R
    R
    By the way, ARCH is going to $39.90 ish if anyone is interested or wondering what the charts indicate. Just saying....EOM. Sell ARCH and by ICLN energy.
  • D
    Dennis stocks
    Go arch go. Is coal being used to mine Bitcoin? Not sure where the love for ARCH stock is coming from but I’ll take it
  • E
    ED SCHULTHEIS
    ARCH uses 40mm gal of fuel each year. Prices are down by more than $1.00 in past month.
    Coal prices may be lower than last year but the fuel savings , if continued, should save about 40mm a year or a little more than $2.50 a share.
  • E
    Ed Tackett
    IMO: This stock has no bottom. Met pricing is down, Baltic shipping index at historic lows so no freight is moving. Blackrock walks away. Banks backing away from financing due to ESG. Thermal markets still shrinking. Don't think it's bankrupt but will be a $35 stock after earnings come out and guidance is given.
    Bearish
  • g
    glenn
    This will be interesting to watch. I believe it falls lower likely to around $32 when the market corrects. At that price I estimate it
    may be selling at 2X cash flow. That is the price when management should get aggressive with buybacks. If ever the price
    falls to $20 "load the boat." Sooner or later management will do a buyout. Unless management turns into idiots they should
    concentrate on paying down debt, and buying stock below $32. Met coal will have value even when Thermal coal is outlawed.
    If the company avoids a management led buyout at some point this should be debt free and sell at 10X EPS which by then
    could/should be over $20 a share thanks to buybacks over the next several years. Do it right this could end up with a $200
    share price with maybe 8 million shares outstanding. That is only if management engineers it that way and does not issue
    new shares for stupid acquisitions or too many shares to themselves..
  • R
    R
    Don't believe the hype. Coal stocks are dead money. Earnings keep going down. No future growth.

    S&P Downgrades Arch Resources Rating One Notch To 'B-Minus' On Transition Risk to Met Coal Operations; Outlook Negative
    BY MT Newswires
    — 5:24 PM ET 12/07/2020
    05:24 PM EST, 12/07/2020 (MT Newswires) --

    Price: 38.25, Change: +0.69, Percent Change: +1.84

    MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
  • D
    Dennis stocks
    Hoping third times a charm for arch at $50. Shale drilling fs as long off a cliff could cause nat gas to rocket higher and take coal along for the ride