BTU: Peabody

[Landis82]

Just insane moves today!!!

Let you in on the down opening at $27.50 and powered higher all the way up to $35.00

Just pulled all the way back to 32.70 with 75 minutes left in the session. Crazy VOLATILITY.

Just insane!

 

[Daal]

you cant trade BTU, BTU trades you

 

[Landis82]

Quote from Daal:

you cant trade BTU, BTU trades you

True.
Very true.

Stock spent the rest of the afternoon trading all the way back down to 31.80

Sick.

 

[dsq]

NOV was quite nuts today-sank to 22 area and soared to 29+ ,closed at 25+...

I sometimes trade this.I would actually like to take a position but am too chicken.
Earnings report for slb hit the stock today.How does this bode for oil service?
I thought earnings might rally all these severely beaten stocks.Who the f knows.As much as i would like to buy and hold nov ,in this environment i cant take the chance.