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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Patriot Coal Corporation PCXCQ


Primary Symbol: PCX

Coal Coal


NYSE:PCX - Post by User

Patriot Coal Corporation
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Comment by vforvalueon Jun 07, 2008 11:53am
556 Views
Post# 15157414

RE: Too much leverage

RE: Too much leverageLike you have mentioned before several times on this board, PCX is highly overvalued and leveraged.

I know alot of people are bullish on this particular industry because of the demand of coal is skyrocketing but the costs of production is also moving on upward.

I don't think Patriot will keep up its cost-saving strategies and I personally think this stock will plumish once the prices slow down.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities