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re: Stock in Arch Coal
Posted on 5/14/13 at 10:59 pm to Crimsonsaint24
Posted on 5/14/13 at 10:59 pm to Crimsonsaint24
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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