Coal on Wallstrip

Posted by Howard
on March 12th, 2008

We have covered Gold quite a bit and oil, but today we cover coal. Julie has the lowdown on the black stuff .

I have passed on coal stocks, but both Arch Coal (ACI) and Consolidated (CNX) have been big winners the last 5 years despite the recent 20 percent selloffs.

As with all big selloffs, is now the time to buy?

I think you can dabble with 10 percent loss parameters right here, I am checking them out right now too. Coal seems to be in high production and demand gear because of it’s cost and China’s laissez-faire attitude towards pollution.

It works for most developing nations.

I am definitely looking at the two for entries here. What do you think?

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