Patriot Coal Corp. (NYSE:PCX)
CAPS Rating:
The company produces and sells thermal and metallurgical coal in the United States.
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The company produces and sells thermal and metallurgical coal in the United States.
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I need a Roscoe Pecko Coal Train Run to make a run for 99+
what do you think about this company at these levels? what about coal in general why is the public so negative about coal. I know natural gas prices are lower than ever but how long do you think they will be below the price of gasoline and coal?
I think this company is very risky, although I will be buying (gambling when it hits $2.50ish).
Nat Gas will not be low for long. I anticipate one year from now, nat gas prices will have doubled $5.00+/100 c
The infrastruture across America is changing (new pipelines).
Risky play but again I will be loading long term in the $2s for multi bags. GL
wow that was quick lol, do you still have the same outlook, buying range ?
Yup. I grabbed a few thousand at $2 today.
Let's Gamble Baby
nice bro, i also got some today but missed the bottom (damn) o well this should be a fun one lets see how this risky business goes