This is one of those erk me, but perhaps it's a gift moments. Seems there is a blogger on SeekingAlpha (although I have my own private replacement description for the word "Alpha"), intent on manipulating this stock. Of course, there is no hard data to back up the endless blather of this blogger, but it hits the wires and as usual, plummets the holding. So perhaps it's time to back it up before earnings on/around the 7th, where the real news should break on the progress of this company. What say you? [more]
Sunshine Heart gets another FDA approval, and this thing can possibly reverse heart damage, so...could this stock be a ten bagger?
An analyst for the S&P crushed AK Steel on Friday with bleak expectations for the remainder of 2012. One of the reasons she cited was that AK Steel does not own any iron ore producers, and as such it's costs of production are significantly increased. This bothered me all weekend, because I knew that I had read differently in the filings. Sure enough, I found this on an 8K dated October 25, 2011: [more]
It almost looks like coal is hooking on the chart. Is it time to get long on energy? Coal, Nat Gas, Oil, Utils, oh my. Many of the charts have none of this running until the fall, but they are so darn cheap. What say you?
Apparently Debtwire.com put out a morning report stating Patriot Coal is seeking restructuring advice cooling interest in coal investment. Cooling? Really? I would say utterly destroying it would seem more appropriate. 31M volume and climbing.