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IBDvalueinvestin (99.68)

Coal stock just started coal production, forward pe 2

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6

May 27, 2011 – Comments (5) | RELATED TICKERS: AWSR.DL

AWSR America West Resource - they will be earning .76 eps in 2012 from their coal production based on current estimates.

5 Comments – Post Your Own

#1) On May 27, 2011 at 11:10 PM, checklist34 (99.69) wrote:

interesting

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#2) On May 27, 2011 at 11:11 PM, checklist34 (99.69) wrote:

interesting

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#3) On May 28, 2011 at 3:16 PM, MegaEurope (< 20) wrote:

A brief glance at the company suggests that whoever is making those estimates is a liar.

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#4) On May 28, 2011 at 4:52 PM, MegaEurope (< 20) wrote:

They paid NEAA Venture Research $22,500 to pump their stock.

http://finance.yahoo.com/news/NEAA-Venture-Research-LLC-bw-851320618.html?x=0&.v=1

Over the last 3 years, they have mined 1.6M tons of coal and produced losses of $45M. It's absurdly unlikely that mining the next 1M tons of coal will result in profits of $32M ($.76 per share).  In fact, they will probably continue to lose money.

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#5) On June 01, 2011 at 12:22 PM, IBDvalueinvestin (99.68) wrote:

Thanks for the info MegaEurope, I sold shares on your input.

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