Post by
inves20 on Nov 17, 2010 12:15pm
Thanks Hydra100
Investing to zero is what I try to point out. Most bulls on stocks end up doing it.
I wonder where that Dawgs and Kumark are these days as they were the biggest bulls on ACT.
Should only be days now till the end.
There is a big shift away from coal coming to the USA, even Ontario's Nanticoke is due to shut down soon when the new tunnel under Niagara Falls Canada and it's new generating powerhouse comes on line.
Coal is going to be a less profitable mining business and that's why no mines are buying new technology, why buy stuff for mines that are going to close in a few years.
Comment by
hydra100 on Nov 17, 2010 1:16pm
I never got it before but you are correct. Quite funny.I feel sorry for people following there advise and believe they are paid pumpers from the "other" board where they hold positions of "president", "vice president' and "treasurer" etc. SEC should have identified these guys and Stockhouse should boot them off here.
Comment by
badactor on Nov 17, 2010 3:28pm
Your post might have some credability if ACT's system was only adaptable to coal mines & N America . Or do you think all mines will be closing in the near future.
Comment by
positiveoutlook on Nov 17, 2010 5:00pm
now I know why you're called inves2zero with a comment that coal will be dead in a couple years and the mines closed. 57% of all American electricity iis produced from coal because it's cheap and easily accessible. Tell me where they are replacing 57% of the electricity in the next couple years.I've heard it all now.