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Xinergy Ltd Ord XRGYQ

"Xinergy Ltd through its subsidiaries is engaged in coal mining in eastern Kentucky, Virginia & West Virginia. It offers quality thermal & metallurgical coal to electric utilities, steelmakers, energy trading firms & industrial companies & other customers."


GREY:XRGYQ - Post by User

Comment by poorgrammaron Feb 10, 2015 3:54pm
152 Views
Post# 23415519

RE:On the move

RE:On the movei think it's oversold, also coal price is taking a turn for the better. keep in mind today's sp reflect today's situation of the company's performance based what the market price of coal happens to be. Price of coal was good until 2nd week of sep. Keep in mind we were above 20c at that point. we will be discussing results from that point. I did not assume this play could come down below 10c, seems anything is possible. i have little bit of share of this company avg around 9.5c. Just stop buying simply waiting for the market to turn. we could hit 10c + on thursday wait and findout...
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