Stock in Arch Coal |
Posted by
Alabama Fan
Member since Jul 2011
552 posts

Stock in Arch Coal

I was looking at the coal market being hammered and trying to decide if I should take a chance on Arch Coal? I also have been looking at Molycorp do any of you guys have stock in these companies?

Planet Earth
Member since Jan 2007
1314 posts

re: Stock in Arch Coal
Got MCP at $4.95. I placed an order below $5, but I did not think it would go that low.
Just got lucky.
I'd like to know people's take on PAL. It's almost $1. At what point is it a takeover candidate?

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New Orleans Saints Fan
Member since Jan 2005
28810 posts

re: Stock in Arch Coal
I wouldn't buy coal now with natural gas trading at $4/mcf and all estimates saying we won't see $5 until 2020...coal is rapidly losing its share of the power gen market to gas and there doesn't seem to be anything to slow the trend.

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The Keg
Member since Nov 2009
84 posts

re: Stock in Arch Coal
ANR is a better coal company, higher upside due to Asian demand for metallurgical coal.

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