Stock in Arch Coal | TigerDroppings.com

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Crimsonsaint24
Alabama Fan
Alabama
Member since Jul 2011
549 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?






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djmicrobe
LSU Fan
Planet Earth
Member since Jan 2007
1287 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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cwill
New Orleans Saints Fan
Member since Jan 2005
23896 posts
 Online 

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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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.





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