coal stock r punished

Why wouldn't the start using natural gas, which is trading at a discount relative to oil and the cost isn't appreciating nearly as fast?

it's hard to take any financial group's analysis of anything for how wrong they always seem to be, even with their own balance sheets...
 
Quote from empee:

solars have also been getting/r getting pounded. I bought some coals and solars this AM

:(
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Which ones? The charts snapped really bearish these last few days on the stocks I saw
 
Quote from aresky:

Citigroup upgrades Peabody Energy and Arch Coal in improved view of coal sector
Thursday, July 03, 2008;

Citigroup added that powder river basin (PRB) coal could be "the next leg" in what it called the coal bull market in 2009 and 2010.

The firm's upgrade of Arch came as the company is "most insulated from the downtick in European thermal prices, as its Central Appalachian exposure is largely met and the PRB accounts for the bulk of tonnage."

The upgrade of Peabody was based on similar logic, it Citigroup said, though it also said that Peabody has underperform the sector so far this year, and that it had attractive exposure to Australian exports.

Citi also increases price target on ACI from $63 to $86 and on BTU from $69 to $105.


http://www.tradingmarkets.com/.site/news/Stock News/1733395/


http://www.streetinsider.com/Upgrades/Citi+Upgrades+Arch+Coal+(ACI)+and+Peabody+Energy+(BTU)+from+Hold+to+Buy/3794810.html
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Arch Coal Inc (ACI) more shares bought by Huntington National Bank

http://www.mffais.com/newsarticles/2008-07-08/2348407-125190.html
 
Quote from gobar:

down 10 to 15 % across the board

any reason..

looking to go long buy call option
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Always a good time 2 buy coal stocks

Also potash is very good

POT MOS KOL PCX BTU IPI
 
Quote from aresky:

Citigroup upgrades Peabody Energy and Arch Coal in improved view of coal sector
Thursday, July 03, 2008;

Citigroup added that powder river basin (PRB) coal could be "the next leg" in what it called the coal bull market in 2009 and 2010.

The firm's upgrade of Arch came as the company is "most insulated from the downtick in European thermal prices, as its Central Appalachian exposure is largely met and the PRB accounts for the bulk of tonnage."

The upgrade of Peabody was based on similar logic, it Citigroup said, though it also said that Peabody has underperform the sector so far this year, and that it had attractive exposure to Australian exports.

Citi also increases price target on ACI from $63 to $86 and on BTU from $69 to $105.


http://www.tradingmarkets.com/.site/news/Stock News/1733395/


http://www.streetinsider.com/Upgrades/Citi+Upgrades+Arch+Coal+(ACI)+and+Peabody+Energy+(BTU)+from+Hold+to+Buy/3794810.html
More...

Arch CEO Sees Positive Future for Coal
Thursday, July 10,
High Demand Everywhere

Eaves described an environment of very strong coal demand globally and domestically.

About six billion tons of coal was mined worldwide in 2007, he said. New coal-fired power plants will increase demand by more than one billion tons by 2012.



Renewables, he said, are growing, but not quickly enough to become a significant share in the coming decades.

"So we look at the pure economics of coal," he said, and see a positive future.

http://www.statejournal.com/story.cfm?func=viewstory&storyid=41045
 
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