Replicated? Sure they will; it's called grandkids, and you'll be all the wiser.
It's an exciting new chapter for Stoney Jr., so quit worrying about yourself and be happy.
Moving on...
Gummy of the week:
CSX>>> 28.93
"Why Van?"
Because Gazprom has just reduced natural gas flow through the Nord Stream pipeline to 40%.
Putin wants Europe to go into a deep recession.
People in recessions worry more about themselves than they do their neighbors in Ukraine.
So, my guess is the EU will now have to stockpile and store natty for fear of freezing to death this winter.
That basically means their power-plants will all be burning coal for the foreseeable future.
I don't trust the coal stocks, even though they've pulled back some.
I looked at several this morning.
ARCH, BTU, ARLP, NC, Stoney's Glencore. They will probably all get a bump this week, they seem to move in tandem, but even with this new development in Europe, I still think they've come too far too fast.
I like the rail aspect better. CSX has been hammered too. 52 week low.
Of all the rails, CSX and BNSF carry the most export coal as a % of revenue.
BNSF is owned by Berkshire Hathaway so that leaves us with CSX.
I wouldn't expect a big move, but it should make a nice pop on this news.
That said, as a general rule of thumb, it's usually not wise to buy a stock making a 52 week low. But in this particular case, as a trade for 3-4 days, it might work. I wouldn't buy it in the pre-market tomorrow though if it does pop on this news. You'll be able to get in lower later in the day.
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