Patriot's Overdone Slaughter
The market served up one seriously compelling investment opportunity this week when it painfully overreacted to Patriot Coal's mine closure announcement.
Have a look.
The coal story is a multi-decade event that is only just beginning, and not even a leveling off in China's growth rate will derail this secular bull market for coal.
After Tuesday's 16% decline, Patriot shares became the greatest bargain in the space.
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