Post by
ckstar83 on Sep 21, 2011 12:02pm
asia demand
""Alpha Natural Resources Inc. said Wednesday that it will ship less coal this year than previously estimated because of an unexpected drop in demand from Asia and production shortfalls at some U.S. mines. """"
unfortunately in the press release for alpha and walter energy they see "unexpectedly curtailed customer demand" from asia, i think that demand might fall due to financial markets and overall europe concerns........this will not be good for commodities......but short term pain could be a great time to buy stocks on the cheap, rather than sell when times get bad,
if we experience a slow down, you have to ride the pain and act logically and realize when companies are really cheap as it was in 2008/2009
Comment by
straightbull on Sep 21, 2011 12:12pm
"if we experience a slow down, you have to ride the pain and act logically and realize when companies are really cheap as it was in 2008/2009 "If this is true, Cline stock will look really cheap, but would be in big trouble. There is now a lot of pressure on Bates to start performing and meet production targets.