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Patriot Coal Corporation PCX



NYSE:PCX - Post by User

Comment by Libertygon Jun 08, 2012 11:01am
233 Views
Post# 19993119

RE: RE: pcx

RE: RE: pcx

PCX faces a gloomy market for coal, but that's usually the time to scale in. This should take some time but realities globally should come to the forefront as coal is still a much needed commodity. Oversold and undervalued now. PCX unless some underlying issue unknown to the investor community, should at minimum see a upward bounce by years end far above these levels. Scaling in and taking profits if they appear will limit risk and protect initial investment could prove very profitable. Risk is always real. This looks like a very good risk for the patient.

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