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Patriot Coal Corporation PCXCQ


Primary Symbol: PCX



NYSE:PCX - Post by User

Comment by canoe2000on May 16, 2012 11:19pm
227 Views
Post# 19918930

RE: Bought some today

RE: Bought some today

I sold out the other day.  The earnings projections are now so awful the company will have to borrow to stay in business.  Maybe no one will lend to them.  Then its game over.  Their only hope is a wild upswing in natural gas prices, bringing coal demand and pricing back.  I can't see that happening in time to save them though.

 

Good luck.

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