November 29, 2012

Coal Stocks Look Ready to Run

Jonathan Verenger, Seeking Alpha


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Back in October I wrote about how coal stocks could explode higher. Within a couple of weeks several coal stocks were up 50%. Since that time, though, they have fallen on hard times once again. However, it appears that this is just a healthy pullback in the context of a recovering industry that bottomed out several months ago.

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TAGGED: James River Coal, Peabody Coal, Arch Coal, Walter Energy, Alpha Natural Resources, Coal Stocks, Coal

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