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"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."

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L&L Energy, Inc. > Holy coal dust

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Post by brotherM1 on Apr 15, 2013 9:27pm

Holy coal dust

I don't believe I've ever seen energy stocks get whacked in one day as hard as they did today. Down 6-.10%. Walter down almost 15%; in one day! Looks like overreaction to China news of GDP of only 7.7% instead of expected 8%. Well what the heck; I mean since when did investors start believing China's GDP numbers anyway? And besides, the numbers are better than they've been estimated to be just months ago. Its amazing how powerful people on wall street can sneeze and create a panic to benefit themselves.