RE: CMK stock will shift up this week. Still holding here, and has not drifted downward as some had suggested....heck the stock would be higher than today's price if not for StoneC rap dumping into the bids.
Market is betting that CMK may prevail in turning things around. And also, coal inventories are being drawn down quicker due to lot of production cuts by companies around the world.....the supply/demand dynamic is finally beginning to shift towards tightening supply, and believe or not demand is coming back up slowly.....this scenario will help CMK in securing much needed contracts so they can start to produce again. My theory is the market is thinking the same way as well. The stock is building a solid base here.