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Strategies & Market Trends : Value Investing

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To: Dennis 3 who wrote (49894)10/26/2012 10:56:33 PM
From: Sergio H  Read Replies (1) of 78644
 
Dennis. I understand and thank you.

Looking at issues that will impact coal demand besides the cost of mining are the outcome of the Presidential election, new legislation, and are we exporting more coal?

My conclusion is that the future of U.S. coal production is dependent on worldwide demand for coal. The east is beating out the west in meeting that demand.

I am not a buyer here, but man, it's close to a buy for me. What's hurting NSC is that demand for coal overseas is down due to slowing economies in Asia and Europe. NSC is well positioned to gain from increased global demand when it occurs and meanwhile has very limited downside. If it goes under 60 its a buy for a short term trade and going forward the stock should be higher a year from now than it is now.
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