Stock in Arch Coal | TigerDroppings.com
Posted by
Message
Crimsonsaint24
Alabama Fan
Alabama
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?


djmicrobe
LSU Fan
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?


Replies (0)
Replies (0)
cwill
New Orleans Saints Fan
Member since Jan 2005
27683 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.


Replies (0)
Replies (0)
TheSurge
LSU Fan
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.


Replies (0)
Replies (0)
Page 1 of 1

Back to top

Follow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram