heyall these retail investors (including me) are losing their shirts when they sell at these prices. There is a huge price increase going on with coal around the planet and all the coal stocks are getting hammered. Market trend I guess.
I don't know when you should sell the farm folks, but wow this is looking good for CNX, BTU, WLT ect.ect.ect.
https://www.cmegroup.com/popup/mdq2.html?code=QLN1&title=July_2011_Central_Appalachian_Coal&type=p
Benchmark appalachian coal prices are moving higher and coal stocks are crashing.
Also I heard today BHP strike is a go in Australia.
https://www.abc.net.au/news/stories/2011/06/14/3243333.htm
Wlt has hit this (112) before and bounced quite high after, only to sell off again and again.
Can't tell if this thing is going to bounce or plumet. Either or a split option bet will guarantee you profit.
6 months from now it will be at $170-180 or it will be at $70-80.
Flip a coin
GLTA